Dear Sir,
My question is i have purchased ingot from ist stage dealer, duty pass out invoice in excise duty, edu cess duty , sh cess duty & additional excise duty. i have taken credit in excise duty, edu cess duty , sh cess duty & additional excise duty. , this is wrong or right, please solve the problems
Dear Pradhan,
You have taken credit in right way.
(if it is imported material CVD,cess,Shcess and 4% SAD only).
customs duties are non eligible as per cenvat credit rules 2004.
SKAA & Associates
New Delhi
CA Inter
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BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
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