Hello
we have received an excise gate pass (as well the tax invoice) from one of our supplier.
He has imported those goods & sold us.
For our reference he has also sent us bill of entry. from that we understood he has pass on CVD,custom edu.cess,customs sec & higher edu.cess, additional duty (imports).
is it correct to pass on import duty from our 1st stage dealer?
also currently Cess on excise are not in operation. but he has pass on cess on customs.
can we take set off of the same as BED??
please advise.
Claim Credit for Import Duties: Excise Duty and AED Allowed, CVD Requires Separate Invoice Listing A discussion on a customs and excise forum involves a query about the correct procedure for claiming credit on import duties passed on by a supplier. The supplier provided an excise gate pass and a tax invoice, including duties like CVD, AED, and Cess, which are no longer operational. The responses clarify that credit for CVD cannot be availed unless specified separately on the invoice. It is advised to take credit for excise duty and AED based on the dealer's invoice, without needing to revise the invoice for non-creditable Cess. The conversation concludes with gratitude for the advice. (AI Summary)
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