Credit and refund of excise duty
This query is : Resolved
hardik shah
(Querist)
12 April 2014
i bought raw material from dubai on which i have paid custom duty of Rs. 1800000 out of which 800000 is cvd.
I am a registered dealer and having iec,epcg.
How should i can get refund or credit of this duty paid by us ?
Till how many installment i have to take credit of this paid duty?
I am a registered dealer and having iec,epcg.
How should i can get refund or credit of this duty paid by us ?
Till how many installment i have to take credit of this paid duty?
SANDEEP SHEDGE
(Expert)
19 April 2014
Dear Sir,
As you are registered dealer hence cenvat credit is not applicable for you, But you can pass on such CVD Credit to the manufacture.
Also note Special Additional Duty 4% is refundable from custom.
If you need will provide you consultant for the same.
As you are registered dealer hence cenvat credit is not applicable for you, But you can pass on such CVD Credit to the manufacture.
Also note Special Additional Duty 4% is refundable from custom.
If you need will provide you consultant for the same.
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