A 100% Export Oriented Unit obtain duty paid inputs from a registered dealer under cenvatable invoice. Is it possible for an EOU to take cenvat credit on such invoices and utilize it to discharge duty liablity on DTA clearances.
Reghunatha Karnavar P N (Others) (41 Points)
13 May 2014A 100% Export Oriented Unit obtain duty paid inputs from a registered dealer under cenvatable invoice. Is it possible for an EOU to take cenvat credit on such invoices and utilize it to discharge duty liablity on DTA clearances.
JMS
(DY.MANAGER -COMMERCIAL)
(110 Points)
Replied 13 May 2014
Absolutely, you can avail Cenvat credit and use for payment excise duty on DTA clearances.
Regards,
JMS
ASHOK KUMAR
(MANAGER ACCOUNTS)
(187 Points)
Replied 25 November 2014
Sir,
Please advice on interstate sales from SEZ ( AP state ) to EOU ( KA state) unit, under this sales can we charge CST ? pls
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