Cenvat Credit

DEAR SIR/MAM

 

WE IMPORT SOME MATERIAL DETAILS OF WHICH ARE AS FOLLOWS:

 

ASSESSABLE VALUE:                        1000/-

CUSTOM DUTY @ 2.5%:                     250/-

CVD @ 5% (ON SUM OF ABOVE)        62.50

ED. CESS @ 2%                                       1.25

HED CESS @ 1%                                       0.625

ED. CESS @ 2%                                          6.287

HED CESS @ 1%                                         3.144

KINDLY LET ME KNOW HOW MUCH CAN I CLAIM AS CENVAT CREDIT.

Replies (2)

SORRY SIR BUT I DON'T KNOW   THAT  WHAT ANSWER BCOZ I M NOT KNOW THIS CENVAT CREDIT  TAX .  PLZ SEND ME ECKNOWLEDGE ME THIS CENVAT CREDIT

Originally posted by : Lalit Dhabria
DEAR SIR/MAM
 
WE IMPORT SOME MATERIAL DETAILS OF WHICH ARE AS FOLLOWS:
 
ASSESSABLE VALUE:                        1000/-
CUSTOM DUTY @ 2.5%:                     250/-
CVD @ 5% (ON SUM OF ABOVE)        62.50
ED. CESS @ 2%                                       1.25
HED CESS @ 1%                                       0.625

ED. CESS @ 2%                                          6.287
HED CESS @ 1%                                         3.144
KINDLY LET ME KNOW HOW MUCH CAN I CLAIM AS CENVAT CREDIT.

above would be available for input credit, provided the materials imported qualify the input criteria for a manufacturing unit, producing taxable goods on which excise duty is payable.

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