Formula for Availing Cenvat Credit in case of 100% EOU - DTA
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2010
Dear Expets,
If the 100% EOU pays the Excise Duty under rule 8 of C.Exc rule 2002 than formula for calculating Excise Duty is applicable or not?
If no than can we avail full Cenvat Credit mentioned on Excise Invoice of 100% EOU?
(In this case We are DTA & material (Inputs) supplied by 100% EOU)
Pl suggest.
If the 100% EOU pays the Excise Duty under rule 8 of C.Exc rule 2002 than formula for calculating Excise Duty is applicable or not?
If no than can we avail full Cenvat Credit mentioned on Excise Invoice of 100% EOU?
(In this case We are DTA & material (Inputs) supplied by 100% EOU)
Pl suggest.
Arbind Aggarwal
(Expert)
18 June 2010
Cenvat credit is allowed to be taken of that amount which is equal to the amount of CVD and SAD plus the cesses.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
