Cenvat credit on goods manufactured by 100% EOU

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..... Q: Lets take X Ltd is a 100 percent EOU. Y ltd is a normal company. Y ltd. purchased goods from X Ltd on 15/09/2013. the bill contains excise duty as under taking hypothetical figures: Basic .....

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..... Custom Duty(BCD) = Rs. 5000 CounterVreilly Duty(CVD) = Rs 2000 EC + SHEC + Spl. CVD. = Rs.500 Now the ques is will Y Ltd get the Credit Of Rs. 7500 ??? Reply with proper supporting - .....

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..... Reply By Madhukar N Hiregange - The Reply = ONLY cvd 2000 + sad + ed+ cess other than customs part is eligible. No credit on customs duty + cess on same. - Reply By Naveed S - The Reply = Credit of .....

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..... only CVD and Addl. duty is available. Credit on Edu.cess and Sec. Edu. Edu. Cess not available, It was permissible in the past. - Cenvat credit on goods manufactured by 100% EOU - Query Started B .....

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..... y: - Ankur Simghal Dated:- 9-1-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanage .....

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..... mentindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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