cenvat credit
This query is : Resolved
CA PRAMOD SARAOGI
(Expert)
21 August 2010
Cenvat Credit is the scheme which allows the credit of Excise Duty paid on Inputs and Capital Goods , Additional Duty of Customs paid on Inputs and Capital goods and Service Tax paid on Input Services which is to be utilised for payment of Excise Duty on Final products or Service Tax on Output Service.
In other words, above duties paid on Inputs and Input Services and capital Goods are allowed to be adjusted with the Duty payable on Ourput Goods and services.
In other words, above duties paid on Inputs and Input Services and capital Goods are allowed to be adjusted with the Duty payable on Ourput Goods and services.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Appointment of Auditor By Form ADT-1
- ARCA LOGIN
- RCM and same line
- Import of Capital Machine
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- TDS Return Statement Status
- 18% Rent a cab
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
