CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Cenvat credit


T S D ( )     23 November 2012

T S D
 
 21 likes  236 points

| My Other Post

 

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

View Profile | My Other Post

Credit available only for CVD and SAD.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading

Popular Discussion


view more »



Trending Tags
epf
sebi
mca
traces
icai
ca rankholder interview
cbdt
Service Tax
tds
dgft
students
exams
ca exams may 2020
unified portal
ca
ca exams
csr
Others
income tax
companies act 2013
tcs
itc
gstr 3b
newgstreturn