10 August 2011
Hello i have a query that when a unit in 100% EOU pay duty under proviso. To sec 3(1) then whether purchaser will get cenvat credit on it?.
10 August 2011
In respect of inputs / capital goods procured from EOU unit, Cenvat credit is available equal to CVD and special CVD paid and education cess and SAH education cess w.e.f. 7-9-2009 (earlier, it was allowable as per a complicated formula) – Rule 3(7)(a) of Cenvat Credit Rules