TMI BlogCENVAT CERDIT UNDER ABATEMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... Our vendor raise excise invoice and charged excise with abatement discount @35%. In above case can we avail cenvat credit against the same invoice since material taken as input for our final product ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which is excisable. Pl. advise. - Reply By PAWAN KUMAR - The Reply = Dear Sir, As per my view, the amount of duty which the supplier has charged on their invoice, is eligible as cenvat credit for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... you. You may claim cenvat credit. - Reply By KASTURI SETHI - The Reply = In Central Excise there is no such restriction except notification no.1/11-CE dated 1.3.11 as amended and here is not that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case. Such like restriction is in Service Tax i.e. either avail abatement or Cenvat Credit facility. I endorse the views of Sh.Pawan Kumar, Sir. - Reply By Ganeshan Kalyani - The Reply = Yes the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... credit is eligible. - CENVAT CERDIT UNDER ABATEMENT - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 3-8-2016 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ring, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - 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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