Poonawalla fincorps
Poonawalla fincorps

Credit and refund of excise duty

This query is : Resolved 

12 April 2014 i bought raw material from dubai on which i have paid custom duty of Rs. 1800000 out of which 800000 is cvd.

I am a registered dealer and having iec,epcg.

How should i can get refund or credit of this duty paid by us ?

Till how many installment i have to take credit of this paid duty?

19 April 2014 Dear Sir,

As you are registered dealer hence cenvat credit is not applicable for you, But you can pass on such CVD Credit to the manufacture.

Also note Special Additional Duty 4% is refundable from custom.

If you need will provide you consultant for the same.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries