Please Help: PROCEDURE OF DUTY PAYABLE AT THE TIME OF DEBONDING OF 100% EOU.
Posted Date : 24-May-2012 , 08:47:00 pm | Posted By: CASANSAAR
Category :
Excise | Answers :
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Comments :
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PLS PROVIDE PROCEDURE OF
DUTY PAYABLE AT THE TIME OF
DEBONDING OF 100% EOU. CAN
IT BE PAID THROUGH CENVAT
CREDIT ACCOUNT.I NEED
SPECIALLY IN CASE OF INDIGENOUS/IMPORTED INPUTS
AND WORK IN PROCESS. ALSO
QUOTE CIRCULAR/
NOTIFICATION/CASE LAWS ETC. |
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Answers:
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Answer by: CA Satuti Mahajan |
At the time of debonding of 100% eou, firstly the duty is paid through the cenvet credit if it is lying, then else.
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Comments |
Posted By : Hiten |
26-May-2012, 01:56:22 |
Thanks for your reply
Can you refer me any case law/notification etc in which this opinion is specifically written that we can use cenvat credit for payment of duty on debonding |
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