Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

cenvat credit on inputs

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cenvat credit on inputs
Query (Issue) Started By: - anand rama rao Dated:- 31-5-2014 Last Reply Date:- 2-6-2014 Customs - Exim - SEZ
Got 3 Replies
Customs
Dear All, I am working in an 10 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0 percent EOU. We are getting inputs from our vendors on without payment of duty) CT-3. How can I take credit on the inputs. Reply By Rajagopalan Ranganathan: The Reply: Sir, CT-3 authorizes your .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vendor to remove excisable goods without payment of duty. Hence there is no question of availing credit of duty since the duty paid is Nil or 0 Reply By anand rama rao: The Reply: Thank you for the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... clarification. We are executing b-17 bond. So pls suggest me the credit - debit procedure on inputs Thanking you Reply By Rajagopalan Ranganathan: The Reply: Sir, I am not able to understand your .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... query. 17 bond is executed by you for obtaining raw materials and capital goods without payment of duty (both imported and indigenous procurement). Since the inputs and capital goods are received wit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hout payment of duty question of taking credit does not arise. Therefore please frame your question so as to bring out the point to be clarified.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates