Excise duty on cst purchase is eligible for cenvat credit?
This query is : Resolved
Dasari Vamsi
(Querist)
06 March 2014
I Want to know whether the excise duty on CST purchases is eligible for Cenvat Credit.
Please reply to the quickest.
Regards,
Vamsi
I Want to know whether the excise duty on CST purchases is eligible for Cenvat Credit.
Please reply to the quickest.
Regards,
Vamsi
06 March 2014
Yes excise duty credit is admissible. Excise duty is levied by the Central Govt. CENVAT of excise duty is NOT dependent on whether the goods have been purchased from within the state or outside the state.
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