dhiraj (Logistics coordinator) (56 Points)
28 June 2011Hi All,
We are importing Inputs from UK/US. with custom duty clearance and after assemebling on the inputs we are going to export back them to UK/US with duty payment .
In above case CENVAT credit can be taken on the Import duty paid..? if so then on what proportion....?
Regards
Dhiraj
sunny
(ASST MGR)
(333 Points)
Replied 28 June 2011
You are eligible for taken Cenvat Credit on input imported.
| TOTAL CENVATABLE AMOUNT |
=
| C.V.DUTY (BASIC EXCISE DUTY) |
+
| EDU. CESS ON CVD |
+
| SEC. & HR. EDU. CESS ON CVD |
+
| ADDITIONAL DUTY |
CAclubindia
