CENVAT CREDIT

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CENVAT CREDIT
Query (Issue) Started By: - Gopalarathnam Muralidharan Dated:- 7-11-2013 Last Reply Date:- 8-11-2013 Central Excise
Got 1 Reply
Central Excise
1) A Company which has got exc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ise registration as a manufacturer as well as dealer imports machinery and sell it as such 2) Now the question is whether the company can set off the CVD on excise payable or CVD Credit has to be pas .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sed on to the buyer of machinery Reply By MUKUND THAKKAR: The Reply: Dear Gopalarathnam Muralidharan, first clearify that machinery import as a traders or Manufacturer? If machinery is purchase a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s a tradsers , you can simply pass the excise(CVD) to your buyer after making the necessary entry in RG 23D register. if machinery is import or purchase as manufacturer, you can take the cenvat credi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t of CVD 50 percent and balance in next finalcial year 50 percent and 4 percent SAD, now as and when you cleared the machinery please follow the condition of cenvat rules 3(5).
Discussion Forum - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X