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Cenavt problem

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 December 2015
Q1.A LTD IS A CO MANUFACURING OEM MACHINE .DURING YR IT HAD SOLD 200 SUCH MACHINES AT RS 100000 EACH .THE EXCISE DUTY LIABLITY IS RS 3LAKH .DURING THE YR IT HAD PURCHASED R.M AND CAPITAL GOODS ON WHICH DUTY PAID IS RS 200500 AND 3.5LAKH RESPECTLY.U R ASKED TO CALCULATE CENVAT CR TO BE AVAILED FOR PAYMENT OF DUTY.


Q2.BASED ON THE FOLLOWING PARTICULARS ARRIVE AT CENVAT CR AVAIBLE ON CLEARENCE OF GOODS TO DOMESTIC TARRIFF AREA FROM EOU.ASSEBLE VALUE RS 2LAKH . BASIC SUSTOM DUTY 10%.EXCISE DUTY 16%EDCESS 2% SHEC 1%,VAT APPLICABLE UNDER STATE VAT ACT 4%.

PLS HELP ME
THANK YOU IN ADVANCE
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
19 December 2015 You can take the cenvat credit of input, input service and capital goods used in the manufacturing of final products.
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2015 sir but how to calculate???
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