To take credit of import duty

This query is : Open

Ashish Pardesi (Querist)
Follow

06 July 2015 we exported material under rebate, that material returned by party, and we paid import duty for that, now i want to know can we take credit of import duty? if yes? on which document we can take credit?

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

06 July 2015 If you are manufacturer then you can take the cenvat credit of CVD and SAD.

Message likes : 1 times

Ashish Pardesi

Ashish Pardesi (Querist)
Follow

06 July 2015 yes we are manufacturer, and difficulty is that in which we can take credit? RD23 A or RG23 C?

Upgrade to CAclubindia Pro. Subscribe Now!

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

06 July 2015 It will be entered in RG23A.

Message likes : 1 times

Ashish Pardesi

Ashish Pardesi (Querist)
Follow

06 July 2015 thanks for your suggestion.

Ashish Pardesi

Ashish Pardesi (Querist)
Follow

06 July 2015 Dear sir,

i want to know that can we take this material as fresh import or sales return in our stock ledger? because we exported this material last year, and received in current year. pls. suggest me earlier.

thanks.