Cenvat input - reg.,
This query is : Resolved
07 October 2014
Dear Experts,
Please clarify this,
Capital Goods Value - 39970
BCD - 3997
CVD - 4432
Edu Cess - 169
Shu Edu Cess - 84
Addl Duty - 1946
Cenvat Claim = BCD+CVD+E Cess+S E Cess
= 8682
1/2 1st year = 4341
Or
Cenvat Claim = BCD+CVD+E Cess+S E Cess+ Addl Duty
= 10628
1/2 1st year = 5314
Regards
S Rameshkumar
Please clarify this,
Capital Goods Value - 39970
BCD - 3997
CVD - 4432
Edu Cess - 169
Shu Edu Cess - 84
Addl Duty - 1946
Cenvat Claim = BCD+CVD+E Cess+S E Cess
= 8682
1/2 1st year = 4341
Or
Cenvat Claim = BCD+CVD+E Cess+S E Cess+ Addl Duty
= 10628
1/2 1st year = 5314
Regards
S Rameshkumar
07 October 2014
Sir as per the Rule 3 of CCR,2004 credit of only following duties is available:
1.CVD=4432
2.SAD=1946
50% credit shall be available this year and rest 50% in next year.
1.CVD=4432
2.SAD=1946
50% credit shall be available this year and rest 50% in next year.
Message likes :
1 times
07 October 2014
Addl Duty is not allowable for service tax output under CCR 2004 - rule 3, please clarify this.
07 October 2014
The credit of SAD i.e the additional duty levied under section 3(5) of custom Tariff Act is only available to manufacturer and not to output service provider.
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Cash balance limit and property purchases limit
- Journal entry of busniess expenses
- Invertaded duty struture
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
