Cenvat credit in case of import

This query is : Open

anubhav (Querist)
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29 October 2013 FOLLOWING ARE THE DETAILS OF PUR. MADE BY A MANUFACTURING UNIT..
PLEASE.TELL ME. HOW MUCH CREDIT CAN BE AVAILED i.e. HOW MUCH DUTY CAN BE PASSED..

ASSESSABLE VALUE = 177067
CUSTOM DUTY@ 7.5% OF 177067 = 13280.03
ADD. DUTY@12%OF (177067+13280.03) = 22841.64
EDU CESS@2% OF (13280.03+22841.64) = 722.43
SHE CESS@ 1% OF (13280.03+22841.64) = 361.22
ADDL DUTY 19/2006 @4% OF(177067+13280.03+22841.64+722.43+361.22)= 8570.91

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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29 October 2013 You can avail input of 12% add duty and 4% addl duty only

Out of total duty paid 25.8525% , you can availed 17.74% duty which is total of (12%+4%) duty .

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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29 October 2013 For Better understanding you can download my file "Costing of imported Material " from CA Club file section.

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anubhav

anubhav (Querist)
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29 October 2013 why we cannot take the benefit of cess..nd how this calculation is done.