Cenvat credit on goods manufactured by 100% EOU

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....envat credit on goods manufactured by 100% EOU<br> Query (Issue) Started By: - Ankur Simghal Dated:- 9-1-2014 Last Reply Date:- 10-4-2014 Central Excise<br>Got 2 Replies<br>Central Excise<br>Q: Lets t....

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....ake X Ltd is a 100 percent EOU. Y ltd is a normal company. Y ltd. purchased goods from X Ltd on 15/09/2013. the bill contains excise duty as under taking hypothetical figures: Basic Custom Duty(BCD)....

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.... = Rs. 5000 CounterVreilly Duty(CVD) = Rs 2000 EC + SHEC + Spl. CVD. = Rs.500 Now the ques is will Y Ltd get the Credit Of Rs. 7500 ??? Reply with proper supporting Reply By Madhukar N Hiregange:....

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.... The Reply: ONLY cvd 2000 + sad + ed+ cess other than customs part is eligible. No credit on customs duty + cess on same. Reply By Naveed S: The Reply: Credit of only CVD and Addl. duty is availabl....

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....e. Credit on Edu.cess and Sec. Edu. Edu. Cess not available, It was permissible in the past.<br> Discussion Forum - Knowledge Sharing ....