Amarendra Reddy (Accounts Executive & CS Student) (111 Points)
19 July 2008Dear Friends,
in the below attached file please explain me how much can i take for cenvat credit.
CA DEEPAK BANG
(Manager - Accounts)
(462 Points)
Replied 19 July 2008
|
CVD - 1,453.00 |
|
Cess - 44.00 |
you can take credit of Rs 1453/- for Excise & Rs 44/- for E.Cess.
Amarendra Reddy
(Accounts Executive & CS Student)
(111 Points)
Replied 19 July 2008
dear friend, why can not i take the basic customs duty & cess to cenvat of cvd & cess
jay
(practice)
(26 Points)
Replied 19 July 2008
Please refer to Rule 3 (7) of the Cenvat Credit Rule 2004, wherein formula for taking credit on duty pad by EOU for DTA clearance is prescribed.
CAclubindia
