Colunm 16(d) and (e), and Cenvat credit in FORM 3CB

[KERAGODEGOPALARAO ANANTHARAO]

Dear sir,

1 In case of Form 3CD 16(d) and (e), the revenue and capital receipts credited to capital account can we specify those amounts in the above columns. In the month of July and August CPC has made additions of the amounts in those columns and subsequently withdrawn.

2 In the case of column 26 and 27 ( Cenvat credit) of Form 3CD in the columns shall we need to enter ITC of GST.

AI Summary

Clarification Sought on Reporting Revenue, Capital Receipts & GST ITC in Form 3CD Columns 16(d), 16(e), 26 & 27 In a discussion forum, an individual inquires about the appropriate reporting of revenue and capital receipts in Form 3CD, specifically in columns 16(d) and (e). They mention that the Central Processing Centre (CPC) initially added amounts to these columns in July and August but later withdrew them. Additionally, they seek clarification on whether Input Tax Credit (ITC) of GST should be entered in columns 26 and 27, which pertain to Cenvat credit in Form 3CD. The query is aimed at understanding the correct reporting practices for these tax-related forms.