TMI BlogSAD on Capital GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We have Purchased Capital Goods from First Dealer / Second Stage Dealer he shown SAD on his Invoice can we take Full Credit on SAD or 50 percent any notification on full credit SAD - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By GANTI SARMA - The Reply = You can utilise 50 percent only even you taken 100 percent in books. - Reply By Ashok Jogalekar - The Reply = You can avail 100 percent credit of SAD and use ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the same for payment of excise duty. SAD is nothing but in lieu of sales tax. - Reply By Ashok Jogalekar - The Reply = To elaborate further on eligibility of 100 percent credit immediately on receip ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t of capital goods imported:- as per the proviso 2 of the rule 4(2)(a) of Cenvat Credit Rules the cenvat credit of additional duty leviable under sub-section (5) of section 3 of the Customs A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ct , in respect of capital goods shall be allowed immediately on the receipt of the capital goods in the factory of the manufacturer. - SAD on Capital Goods - Query Started By: - Sharad Sonawane Dat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed:- 23-10-2013 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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