Sbc credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 April 2016 Dear sir
Plz let me know weather SBC credit can be claimed or not...

P!ease reply...

06 April 2016 Dear Sir,
SBC is not integrated in CENVAT Credit chain. therefore Credit of SBC cannot be availed. for more information refer following link - --
http://www.cbec.gov.in/resources//htdocs-cbec/press-release/faq-sbc.pdf;jsessionid=EDCDBC1A6F7ABC43C75E01A035601286

06 April 2016 Hi,

SBC is a leavy and in a Layman's language its a Cost to be absorbed by the Business. No CV Credit of SBC is allowed / available.




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