SHIS LICENCE

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....HIS LICENCE<br> Query (Issue) Started By: - pareshbhai vasava Dated:- 3-9-2015 Last Reply Date:- 4-9-2015 Central Excise<br>Got 1 Reply<br>Central Excise<br>Dear Sir, We have purchase material of &qu....

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....ot;Control System- 90328100 Hydrogen Pressure Reducing Station&quot;. &quot;Purchase under SHIS Licence No&quot; &quot;Removed under Central Excise Notification No:33/2012 CE Dt.09/07/2012 total dut....

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....y has been debited under license&quot; in remarks invoice. Can i avail Excise duty 12.50%. Please give your guidance . Thanks & Regards Paresh Vasava Reply By CS SANJAY MALHOTRA: The Reply: Dear....

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...., Yes, you can avail the CENVAT Credit as the SHIS is scrip given by DGFT for payment of Duty on Domestic sourcing of capital goods, spares (10% of Licence value) or against Import of Capital Goods (....

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....CVD & SAD Portion only), Notification No. 33/2012- clearly specify the said provisions.<br> Discussion Forum - Knowledge Sharing ....