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.
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.
Absolutely, you can avail Cenvat credit and use for payment excise duty on DTA clearances.
Regards,
JMS
Sir,
Please advice on interstate sales from SEZ ( AP state ) to EOU ( KA state) unit, under this sales can we charge CST ? pls
CAclubindia
