TMI BlogCENVAT CREDITX X X X Extracts X X X X X X X X Extracts X X X X ..... 1) A Company which has got excise registration as a manufacturer as well as dealer imports machinery and sell it as such 2) Now the question is whether the company can set off the CVD on excise paya ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ble or CVD Credit has to be passed on to the buyer of machinery - Reply By MUKUND THAKKAR - The Reply = Dear Gopalarathnam Muralidharan, first clearify that machinery import as a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... traders or Manufacturer? If machinery is purchase as a tradsers , you can simply pass the excise(CVD) to your buyer after making the necessary entry in RG 23D register. if ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... machinery is import or purchase as manufacturer, you can take the cenvat credit of CVD 50 percent and balance in next finalcial year 50 percent and 4 percent SAD, now as and when ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... you cleared the machinery please follow the condition of cenvat rules 3(5). - CENVAT CREDIT - Query Started By: - Gopalarathnam Muralidharan Dated:- 7-11-2013 Central Excise - Got ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|