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.
and make 50-50% of cenvat in current year and next year.
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