Cenvat credit


This query is : Resolved 

16 January 2015 iam working ina manufacturer compony.our product is under 84 chapter.we are purchasing tool holder with tarrif number 84661020 from registerd dealer with addl duty.can i take credit on addl duty.pls clarify any one.it will help me and my compony.pls.

16 January 2015 yes you can take credit as basic excise duty.
and make 50-50% of cenvat in current year and next year.


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