credit of custom duty


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 November 2010 Dear Expert
Our company have imported some machinery and paid excise duty there on ,that machinery will be directly involved in the process of production
Is that custom duty paid will be available for credit while making excise return .
If yes to what extent
Thanks

20 November 2010 Credit will be available for excise part of the duty paid on import of machinary.


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