Cenvat credit availability

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....envat credit availability<br> Query (Issue) Started By: - V Khanna Dated:- 25-3-2008 Last Reply Date:- 27-3-2008 Central Excise<br>Got 1 Reply<br>Central Excise<br>We (a DTA unit) purchase some materi....

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....als from an EOU uni. What Cenvat credit will be available to us? Is it as per Rule 3(7) or as per proviso to Rule 3(7)? Regards Reply By Jeyaram: The Reply: Yes. Credit has to be taken as per formu....

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....la prescribed under Rule 3(7) of CCR rules 2004. The formula is X multiplied by(1+BCD/400) multiplied by (CVD/100) where X denotes assessable Value.<br> Discussion Forum - Knowledge Sharing ....