Shortage Of Ed Cess & Hed 1%

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..... Shortage Of Ed Cess & Hed 1%
Query (Issue) Started By: - Avinash Bhavsar Dated:- 1-11-2012 Last Reply Date:- 2-11-2012 Central Excise
Got 2 Replies
Central Excise
Dear Sir, We do'nt have .....

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..... the sufficient fund in Ed Cess 2% and Hed 1% can we debit this amount form CENVAT credit or deposits the mat in the bank. Regads, Avinash Bhavsar Reply By JAMES PG: The Reply: The sub-rule (4) of .....

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..... Rule 3 of the Cenvat Credit Rules, 2004 provides that Cenvat Credit can be utilized for payment of any duty of excise on any final product. Education Cess & S&H Education Cess are duties of excise R .....

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..... eply By Pradeep Khatri: The Reply: Yes, you may utilise the credit of basic excise duty for the payment of Cess under Rule 3(4)(a) of the CENVAT credit Rules, 2004, as amended time to time.
Discu .....

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..... ssion Forum - Knowledge Sharing .....

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