Cenvat credit for scrap buying
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 September 2011
Dear all.
pls expline the following points.
i am a excise registered dealer buying steel scrap from SEZ by paying full Customs duties.
1. which are the following portion of duties can be pass on as cenvat credit when i am seeling to manufaturer
i) BCD, CVD, CD & ACD
2. In the case of manufacturer dirctly buy from SEZ, what is the difference from the point 1 above under cenvat credit benefit.
rgds
raj.
pls expline the following points.
i am a excise registered dealer buying steel scrap from SEZ by paying full Customs duties.
1. which are the following portion of duties can be pass on as cenvat credit when i am seeling to manufaturer
i) BCD, CVD, CD & ACD
2. In the case of manufacturer dirctly buy from SEZ, what is the difference from the point 1 above under cenvat credit benefit.
rgds
raj.
U S Sharma
(Expert)
01 October 2011
CVD+EC+S&HSEC is cenvatable and dealers invoice is needed to pass the same to next buyer.
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