banner_ad

Cenvat credit

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 November 2013 we have utilized additional duty to pay 2% & 1% , Department not accepted that additional duty can utilized towards payment of 2% & 1% however they asking to pay duty in cash. we utilized duty in reference to section 3 of the customs tariff act equivalent to the duty of excise specified under (i) , (ii) & ( iii)
after justification department drop down the point from there Demand & also CERA Audit not raise the point in their Audit , But now department once again asking to pay duty in cash , please tell me how to handle this issue ?

29 November 2013 You can take the cenvat credit on imported goods only CVD and SAD edu.cess and HS cess of custom duty will not be available.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 November 2013 sir,
You are not getting my point , i asked can i utilizes credit available in additional duty to pay Edu 2% & SHEd 1% on duty payable

29 November 2013 you can not utilised the edu. cess and SH. cess.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details