07 November 2009
we are taking 50% of Excise Duty, E.C. & SHE.Cess and 100% input on Additional Duty - (Imports) on Capital Goods and remaining 50% of input transferred to upcoming year. is it right to take 100% input on Additional Duty - (Imports) on capital goods instead of 50%? Please give us your valuable reply with notification Nos.!
Thanks in advance
Aravind Kumar
Guest
Guest
(Expert)
07 November 2009
for additional duty you can take cenvat credit of 100% of duty paid in the year of import.
CAclubindia
