Cenvat credit of cvd and sad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2014
Can a manufacturer avail CENVAT credit of CVD (12%) and SAD(4%)paid on import of components and spares which are assembled in India and sold in India?
What is the process for availment of CENVAT Credit?
What is the process for availment of CENVAT Credit?
14 July 2014
IF YOU ARE REGISTERED IN EXCISE AND YOU PAY EXCISE DUTY ON YOUR FINISHED GOODS, DEFINITELY, YOU CAN TAKE CENVAT CREDIT OF CVD (12%) AND ADDITIONAL DUTY (4%)IN YOUR CENVAT CREDIT RECORD NAMELY RG23A PT-II. AND YOU CAN UTILISE THIS CENVAT FOR PAYMENT OF EXCISE DUTY ON YOUR FINISHED GOODS.
THANKS
R.K. GARG
(M.COM. L.L.B.)
[CONSULTANT OF
CENTRAL EXCISE,CUSTOMS AND SERVICE TAX]
THANKS
R.K. GARG
(M.COM. L.L.B.)
[CONSULTANT OF
CENTRAL EXCISE,CUSTOMS AND SERVICE TAX]
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Rent lease agreement
- Liable to deduct tds and 44ADA
- Relief u/s Section 89
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
