Cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 October 2012
Can i take credit of CENVAT if i have given rate difference credit to party for particular product eg., if i have sold for Rs. 100 + 12.36% CENVAT = Rs. 112.36 but now given rate difference credit of Rs.10 to party so can i claim Rs. 1.10 CENVAT credit from my duty payable to department ie., my net payable will be RS. 12.36 - 1.10 = Rs. 11.26. Kindly guide me how to proceed? & whats notification no.under which i can claim credit of CENVAT?
17 October 2012
Is that rate difference is given with Tax or without Tax?
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 October 2012
its given with tax ie including all.
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