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Cenvat Credit of Custom

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(Querist)
03 December 2008 Why Cenvat Credit of Basic Custom Duty (BCD) is not allowed??
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CA. Mahesh Agarwal

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CA. Mahesh Agarwal (Expert)
05 December 2008 because it is only on import and Govt. wants to discourage the imports
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CA. Mahesh Agarwal

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CA. Mahesh Agarwal (Expert)
05 December 2008 so that indian goods remain cheaper as compared to imported goods
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