cenvat credit

This query is : Resolved

Jai Prakash Mourya (Querist)
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02 April 2010 Dear sir/Madam

Plz solve my problem as soon as possible.

I received a bill of Rs 88240.00(80000.00+stax rs 8240.00) on 9th Jan 2010 and paid rs 39200.00 after deducting Tds 2% (Rs 43556-TDS Rs 4356) on 24th Jan 2010 and balance was paid Rs 40216.00 on 1st April 2010.Now quries are

1.Can I claim cenvat credit on part payment? if yes,then on which amount I claim Either Rs 43556.00 or Rs 39200.00
2.If i can't calim cenvat creit. when shall I claim cenvat credit

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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02 April 2010 Assuming that you paid the TDS in time you are eligible for proportinate ST on Rs 43,556'/- amount including TDS. When you pay the balance you will be eligible for the balacne ST.

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