We are a manufacturing unit based in Kolkata. Our production has started in the month of September 2006
Reliance Industries, Jamnagar is our main supplier of our raw material-PP Resin. Reliance Industries was an EOU when we started the production.
Reliance has raised the bill on us as follows. 74,600.00 Basic (a) 700.00 Cash Discount (b) 4,850.00 Trade Discount-Location (c) 69,050.00 B + C –A (d) 3,452.50 5% custom Duty on d (e) 72,502.50 d + e (f) 10,150.35 CVD 14% on f (g) 203.01 ECS 2% on CVD g (h) 101.50 S&H ECS @ 1% on CVD g (i) 278.15 ECS (CD) 2% on Total Duty, e+g+h+i (j) 139.07 S&H ECS (CD) 1% on Total Duty, e+g+h+i (k) 286.49 ECS @ 2% on Cenvat, e,g, h, I, j, k, (l) 141.86 S&H ECS @ 1% on Cenvat, e,g, h, i, j, k, (m) 83,802.93 Total (n) 1,676.06 CST @ 2% n (o) 3,832.00 Freight (p) 89,310.99 Invoice Price (COM+Freight) (q)
Kindly inform which are the amounts we could claim as input with Excise
CAclubindia
