15 January 2009
Dear Sir, We have purchased some goods from 100% EOU. They have charged us with BCD 7.5%CVD, 14% Edu cess 2% on CVD, S&H Edu cess 1% on CVD,Edu cess 2% on T-Duty, S&H cess 1% on TD, Custom Cess 2%, Custom S&H cess 1%.
Please advice us which duties are available as cenvat credit to us.
15 January 2009
All the duties like BCD , CVD Etc can be availed as cenvat credit and education cess can also be cliamed as input, but cess can be utilized to write off cess
CAclubindia
