9911796707
TMI BlogCENVAT CREDIT ON RE-IMPORTED GOODSX X X X Extracts X X X X X X X X Extracts X X X X ..... CENVAT CREDIT ON RE-IMPORTED GOODS X X X X Extracts X X X X X X X X Extracts X X X X ..... HA is telling that as per Notf. No. 94/96 - Customs they will prepare BE. They will prepare Bill of entry without showing CVD amount on BE i.e. 0 and they will show CVD and other particulars on challan (/TR-6) only. Please clarify can we get cenvat credit on CVD amount when their is nil duty showing on BE. Reply By YASH SOOD: The Reply: The cenvat credit of additional duty leviable under section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3 of the Customs Tariff Act(Called CVD) which is equivalent to the duty of excise specified under clauses (i), (ii), (iii), (iv), (v) (vi) and (via) of the Rule 3 of the Cenvat Credit Rule, 2004 is admissible only if supported by the duty paying documents issued by the supplier of goods including "Bill of Entry" in terms of Rule 9 of the Cenvat Credit Rule, 2004. If the amount of CVD, if even pai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d , is not exhibited on the documents, credit is not admissible.if the CVD is nil and shown as nil only nil credit (i.e. nothing) is admissible. Reply By NEERAJ KUMAR, RANCHI: The Reply: Dear Sanjeev Let me know first under which scheme you had made your exports, thereafter I can give you the proper reply. Reply By sanjeev jadhav: The Reply: Dear Neeraj, Thanks for your reply. We have made e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xport under DEPB scheme. X X X X Extracts X X X X X X X X Extracts X X X X
|
