SHIS LICENCE

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..... SHIS LICENCE
Query (Issue) Started By: - pareshbhai vasava Dated:- 3-9-2015 Last Reply Date:- 4-9-2015 Central Excise
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Central Excise
Dear Sir, We have purchase material of &q .....

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..... uot;Control System- 90328100 Hydrogen Pressure Reducing Station". "Purchase under SHIS Licence No" "Removed under Central Excise Notification No:33/2012 CE Dt.09/07/2012 total du .....

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..... ty has been debited under license" in remarks invoice. Can i avail Excise duty 12.50%. Please give your guidance . Thanks & Regards Paresh Vasava Reply By CS SANJAY MALHOTRA: The Reply: Dea .....

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..... r, Yes, you can avail the CENVAT Credit as the SHIS is scrip given by DGFT for payment of Duty on Domestic sourcing of capital goods, spares (10% of Licence value) or against Import of Capital Goods .....

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..... (CVD & SAD Portion only), Notification No. 33/2012- clearly specify the said provisions.
Discussion Forum - Knowledge Sharing .....

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