TMI Blogabout taking credit on the parts of machineryX X X X Extracts X X X X X X X X Extracts X X X X ..... Respected Sir, Is it necessary to take 100% credit(cenvat+4%import duty) of the parts of the machinery imported or 50% credit can be taken on that parts of the year in wh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ich it was purchased remaining 50% in the next financial year. - Reply By Pradeep Khatri - The Reply = Cenvat credit of SAD can be availed 100% in the first year but credit of CVD will be availed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in two installments. i.e. 50% in the first year and 50% in the subsequent year. - about taking credit on the parts of machinery - Query Started By: - MEHUL ASHAR Dated:- 22-3-2012 Central Excise - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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