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CREDIT OF SAD IN RG 23 A PART - II C

Central Excise - Started By: - SHARMA NARAYAN - Dated:- 1-1-2017 Last Replied Date:- 27-1-2017 - Dear Allwe received the material in varioys ch heading that is not capitalitem but we are capitalise the said material because of highvalue there is basic duty and SAD on invoice how can i take cenvat credit i am doing as per below detailsir i am taking 50 % of basic Duty in current year and rest 50 % next year and Sad i am taking 100 % credit in current year is thic correct or not pls reply - Reply .....

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duty 50% and goods procuring from 1st or 2nd stage dealer and passing SAD. in case you can also Eligible to take 100% credit. - Reply By SHARMA NARAYAN - The Reply = thanks to all of you sir - Reply By Ganeshan Kalyani - The Reply = I agree with the views of Sri Mukund Ji's view. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, Sh.Mukund Thakkar, an expert seldom appears but when he appears take it for granted that his answer to query is correct. 99.99 % he is correct. - Reply .....

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