Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Central Excise This

A Public Forum.
Acknowledging the Value of Experts.

Contribute Your Wisdom, Shape the Future.
Let Your Experience Guide Others

Submit new Issue / Query     My IssuesMy Replies
A free service.
You may submit an issue for brainstorming also.

Cenvat credit availability, Central Excise

Issue Id: - 713
Dated: 25-3-2008
By:- V Khanna

Cenvat credit availability


  • Contents

We (a DTA unit) purchase some materials from an EOU uni. What Cenvat credit will be available to us? Is it as per Rule 3(7) or as per proviso to Rule 3(7)?

Regards

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 27-3-2008
By:- Jeyaram

Yes. Credit has to be taken as per formula prescribed under Rule 3(7) of CCR rules 2004. The formula is X multiplied by(1+BCD/400) multiplied by (CVD/100) where X denotes assessable Value.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates