Cenvat credit


T S D ( )     23 November 2012

T S D
 
 21 likes  236 points

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The following is the table showing computation of customs duty. I need your kind help in taking CENVAT Credit. For What items in the below table can the CENVAT credit be taken?

Serial Particulars

Rs

A Assessable value (CIF + Landing Charges)

100

B Basic customs duty (BCD) 10%

10.00

C Value for CVD (A+B)

110.00

D CV D equivalent to central excise duty 10%

11.00

E Educational Cess on CVD 2%

0

F Sec. and Higher Educational Cess 1%

0

G Customs duty for calculation of Cess

21

H Customs Educational cess 2%

0.42

I Customs Secondary and higher educational cess 1%

0.21

J Value for SAD

121.64

K SAD @ 4%

4.865

  Total Duty

26.495

Regards,

T S Dinesh

+91 99 44 677 804

Hardik Pandya (MANAGER ACCOUNTS)     23 November 2012

Hardik Pandya
MANAGER ACCOUNTS 
 22 points

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Credit available only for CVD and SAD.


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