Cenvat Credit on CVD

Page no : 2

P.Sankaravel (Accts.Exe.) (23 Points)
Replied 10 December 2012

hi,

This is Sankaravel.I need a clarification that can we claim Cenvat Excise Cess amount for the sales against CVD[Basic] duty which we have paid for imported goods, when we don't have Cess credit?. If not so, if there is any procedure to claim the cess from domestic serivice tax cess.Kindly clarify the same.

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Manish (properitor) (32 Points)
Replied 22 December 2012

Originally

Can service tax paid to CHA be cliam as refund in case output service tax is less than amt paid to CHA????

Deepak Kumar (SCM) (21 Points)
Replied 01 April 2014

Dear Sir,

Please advise! can I pass the Below excise duty to customer?

Note : we are a Distributor in India market. Import goods from Singapore and sale in india.

CVD @ - 10%

Edu case CVD @ - 2%

Sec cust Edu @ - 1%

waiting for your responce.

Regards,

Deepak Kumar.

thiruvalluvar (accounts Manager ) (27 Points)
Replied 04 April 2014

Dear Sir,

We are one of the importer of RO/ UF Membranes from Usa thro HSS from Indian Buyer and paying customs duty as details follows: We are also registered with c excise as a first stage dealer. Can we pass the CVD to our customer and the details to maintain the records please

SAMPLE

Example value	Rs.	100
				%	Duty
	VALUE	100		7.5	7.50	%	Basic Excise Duty 7.5%

Value+ 7.5%		107.50		10	10.75	%	ED/CVD @ 6%

Rs.7.50 + Rs.10.75		18.25		2	0.37	%	Cess 2% on Total Duty
				1	0.18	%	HSE Cess 2% on Total Duty
		118.80		4	4.75	%	Addl Duty 4%

	Percentage	23.55%	Total Customs Duty		23.55	%	Total