TMI Blogsample duty utilize capital goodsX X X X Extracts X X X X X X X X Extracts X X X X ..... sample duty utilize capital goods X X X X Extracts X X X X X X X X Extracts X X X X ..... l sample export for testing. Duty debit from capital goods.please suggest me for which rule for duty debit RG 23 A Part II or RG 23 C Part II Register which can be debit duty. Thanks Akhilesh k saxe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... na Reply By Mehul Pandya: The Reply: 2.4 Utilisation of credit 2.4.1 The CENVAT credit may be utilized for payment of:- (a) any duty of excise on any final products; or (b) an amount equal to CEN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... VAT credit taken on inputs if such inputs are removed as such or after being partially processed; or (c) an amount equal to the CENVAT credit taken on capital goods if such capital goods are removed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as such; or (d) an amount under sub-rule (2) of rule 16 of Central Excise Rules, 2002; or (e) service tax on any output service. Reply By Mahir S: The Reply: Sir, You may debit it from either RG2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3A OR RG23C Register, wherever you have balance..
If you have debited duty from RG23C Part II i.e. capital goods debit, then also it is correct. so dont worry. X X X X Extracts X X X X X X X X Extracts X X X X ..... g ..... X X X X Extracts X X X X X X X X Extracts X X X X
|