TMI BlogCenvat credit availabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... Cenvat credit availability X X X X Extracts X X X X X X X X Extracts X X X X ..... ials 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 Reply By Jeyaram: The Reply: Yes. Credit has to be taken as per form ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ula 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. X X X X Extracts X X X X X X X X Extracts X X X X
|