Doubt on excise

dear friends

here our company( manufarture) imported good on those paid Following duties BCD,CVD,CESS ON CVD,SAD

two situtations 1)imported goods directly sale

                       2)imported goods used in some manufature process  and then sold

what are the duties available for CENVAT credit in above two situations and 

what regard in respect of capital goods

Replies (2)

Dear Sir,

You can avail Credit of CVD,CESS ON CVD and SAD.

In Case of Raw Material:

If you sale this product as it is, reverse the Credit @ per Unit credit availed CVD,CESS ON CVD and SAD. If sale after manufacturing process then duty will be charged @ 12.5% (Basic Only).

In case of Captial Goods.

Avail 50% Credit on CVD,CESS ON CVD and SAD at the time of receiving the goods. and 50% at the time of sale of the goods.

And reverse the CENVAT (100%) Credit @ per Unit credit availed CVD,CESS ON CVD and SAD.

dear sir 

reverse the credit means avialble for credit is right

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details