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Cenvat credit, Central Excise |
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Cenvat credit |
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Whether an assessee is eligible for Cenvat Credit on imported Capital goods for 50% or 100%
Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
50% credit can be availed during current financial year, balance 50% in the subsequent year. Only CVD can be availed. Check the elgibility of Capital goods conditions.
4% CVD leviable under Section 3(5) of Customs Tariff Act , can be taken 100%,where as other CVD under Section 3(1) can be taken 50% and 50% as rightly answered by Sri Srinivas
I agree with what Mr Bhasker Has said. Page: 1 Old Query - New Comments are closed. |
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