Cenvat on import
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 November 2012
Dear Experts
when we import we are taking CVD and SAD as Cenvat.
For Manufacturer when we take CENVAT benifit, we are adjusting above two heads as normal purchase CENVAT amount agst duty payable.
Please clarify whether we have to show CVD & SAD in our sales bill saperatly or normal rate 12%
when we import we are taking CVD and SAD as Cenvat.
For Manufacturer when we take CENVAT benifit, we are adjusting above two heads as normal purchase CENVAT amount agst duty payable.
Please clarify whether we have to show CVD & SAD in our sales bill saperatly or normal rate 12%
10 November 2012
1) as a dealer you are not eligible to take credit of any duty, but you can pass on the duty only to next buyer/manufacturer.
2) if you are manufacturer, then you have to take credit and pay duty on your final products, ( not on your imported goods)
2) if you are manufacturer, then you have to take credit and pay duty on your final products, ( not on your imported goods)
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- ITR returnFY25-26
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
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
