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
- Off Market debit and credit transaction
- Itr 1 processing
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
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
