Balendra Parmar (Finance Manager) (199 Points)
28 April 2012Dear Sir,
We have paid duty on goods imported from china.We want to take cenvat credit on import raw Material on the basis of Bill of entry for Home consumption. We can take the cenvat Credit ?
Regards,
Balendra Parmar.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 28 April 2012
if your manufacturing activity is liable to pay excise duty, and you are not SSI availing exemption then you can opt to avail input credit of CVD+EC+SHEC for payment of duty of your final products.
satya
(Executive Excise)
(1839 Points)
Replied 28 April 2012
HS Negi
(Senior Executive- F&A)
(590 Points)
Replied 02 May 2012
Dheeraj Jain
(Accountant)
(27 Points)
Replied 29 January 2014
Dear Sir,
We have paid duty on goods imported from china.We take cenvat credit in RG23APart II Rs. Equal to 12% + 2% + 1%= 12.36 % and 4 % on import raw Material on the basis of Bill of entry. but excise department said you could not take credit 2% + 1%. can they will right? we are manufacturer
if i am not availing credit 2% + 1 % then what will be the interest charges by department.
Dheeraj Jain
Jind
karan jit singh
(Consultant)
(1299 Points)
Replied 30 January 2014
| Originally posted by : U S Sharma | ||
 |
if your manufacturing activity is liable to pay excise duty, and you are not SSI availing exemption then you can opt to avail input credit of CVD+EC+SHEC for payment of duty of your final products. |
 |
Agree
Dheeraj Jain
(Accountant)
(27 Points)
Replied 31 January 2014
but the excise department refer a notification: 13//2012, 14/2012-customsw
No credit of Education Cess and SAHE cess om imports after 17-3-2012 as that cess is only of customs duty and not of CVD.
please solve the problem urgent basis
Dheeraj Jain
9991866046
karan jit singh
(Consultant)
(1299 Points)
Replied 01 February 2014
YES, BUT IN CASE OF EOU ALL EC + SHEC PAID ON ED IS allowed as cenvat credit
satya
(Executive Excise)
(1839 Points)
Replied 01 February 2014
Dear Dheeraj,
Prior to 2012-13 budget there is a double Edn Cess , SH cess were there in BOE, that EC & SHCESS have on Customs and CVD.
Hence, prior to 2012-13 CVD and Edn Cess & SH Cess paid on CVD are eligible to take Cenvat Credtit. thease cess's are removed in the 2012-13 budget.
now there is no cess and Sh Cess on CVD. hence, we are eligible to take cenvat credit on CVD & ADI(SAD) only.
Hitler Bosh
(Ass.Manager Excise)
(25 Points)
Replied 08 August 2016
Can we taken the cenvat credit on Triplicate copy (Ex-change controll copy) also please confirm asap.
Hitler Bosh
(Ass.Manager Excise)
(25 Points)
Replied 08 August 2016
Can we taken the cenvat credit on Triplicate copy (Ex-change controll copy) also please confirm asap.
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