Additional duty (Imports) under 19/2006 -Cenvat Credit doubt
satya (Executive Excise) (1839 Points)
13 June 2011satya (Executive Excise) (1839 Points)
13 June 2011
VIRENDER KUMAR
(ACCOUNTS OFFICER)
(24 Points)
Replied 13 June 2011
Dear Mr. Satya
you can use 4% additional duty (Import) as cenvat credit,
not as a vat credit
Mallikharjun
(Deputy Manager)
(304 Points)
Replied 13 June 2011
If you are having enough credit, you can get refund of this ADC provided you prove that you are paying VAT on your final product and correlating the inputs and outputs.
soni chauhan
(Service)
(670 Points)
Replied 13 June 2011
Originally posted by : VIRENDER KUMAR | ||
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Dear Mr. Satya you can use 4% additional duty (Import) as cenvat credit, not as a vat credit |
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Agree ........
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 13 June 2011
Originally posted by : VIRENDER KUMAR | ||
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Dear Mr. Satya you can use 4% additional duty (Import) as cenvat credit, not as a vat credit |
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agreed
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 13 June 2011
Originally posted by : VIRENDER KUMAR | ||
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Dear Mr. Satya you can use 4% additional duty (Import) as cenvat credit, not as a vat credit |
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AGREED.
Rajnikant Vadigoppula
(CA, CS And CMA Final)
(919 Points)
Replied 13 June 2011
yes agree with tushar
Aashish Padol
(EXCISE EXECUTIVE)
(206 Points)
Replied 17 June 2011
Originally posted by : TusharSSampatM.Com CA,CS-FINAL | ||
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Originally posted by : VIRENDER KUMAR Dear Mr. Satya you can use 4% additional duty (Import) as cenvat credit, not as a vat credit AGREED. |
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i also agreed with Mr. Tushar
CS Nadeem Ahmed Siddique
(Company Secretary)
(354 Points)
Replied 17 June 2011
Dear Sir, "Cenvat credit on additional duty can be availed against payment of additional duty only"
Harsha.H
(Team Head @ www.bease.in)
(130 Points)
Replied 29 May 2012
Dear Experts,
for additional duty paid,
whether we can avail 100% credit or 50% should be defferred?
kindly guide,
Harsha.H
(Team Head @ www.bease.in)
(130 Points)
Replied 29 May 2012
Dear Experts,
for additional duty,
whether we can avail 100% credit or 50% should be defferred?
kindly guide,
thanks and regards,
Harsha
CMA VIKAS GOUR
(CMA)
(41 Points)
Replied 06 April 2015
sir,
can we used the addtioanl duty (4%) for payment of service tax, if yes what is the % of availnment.
Nagesh
(Sr. Commercial Executive)
(28 Points)
Replied 12 May 2016
Dear Sir,
I have recently joined this company, & they have not taken cenvat credit on additional duty of 4% earlier, I know additional duty of 4% on imports is eligible for cenvat credit, Is it possible now to utilize the AD on imports for the year 2015-16?
Thanks & Regards
Nagesh. L
9611302498 / 9742438940
satya
(Executive Excise)
(1839 Points)
Replied 12 May 2016
Dear Harsha,
We have to avail 4% SAD (ADI) 100% in the same year.
fyi pl
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