Cvd credit
This query is : Resolved
24 November 2012
Sir Ji
We are import a machine (Capital Goods)
CVD 100/-
SAD 80/-
so first i want to know when CVD & SAD credit in excise than credit amt CVD 50% & SAD 50%
or
Second i want to know when CVD & SAD credit in excise than credit amt CVD 50% & SAD 100%
which is right pls explain me
We are import a machine (Capital Goods)
CVD 100/-
SAD 80/-
so first i want to know when CVD & SAD credit in excise than credit amt CVD 50% & SAD 50%
or
Second i want to know when CVD & SAD credit in excise than credit amt CVD 50% & SAD 100%
which is right pls explain me
24 November 2012
SAD covered under 3(5) of customs tarrif act hence 100% credit available in the year of receipt.
CVD -50&%
CVD -50&%
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