CENVAT CERDIT UNDER ABATEMENT

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....ENVAT CERDIT UNDER ABATEMENT<br> Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 3-8-2016 Last Reply Date:- 4-8-2016 Central Excise<br>Got 3 Replies<br>Central Excise<br>Our vendor raise exc....

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....ise invoice and charged excise with abatement discount @35%. In above case can we avail cenvat credit against the same invoice since material taken as input for our final product which is excisable. ....

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.... Pl. advise. Reply By PAWAN KUMAR: The Reply: Dear Sir, As per my view, the amount of duty which the supplier has charged on their invoice, is eligible as cenvat credit for you. You may claim cenva....

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....t credit. Reply By KASTURI SETHI: The Reply: In Central Excise there is no such restriction except notification no.1/11-CE dated 1.3.11 as amended and here is not that case. Such like restriction is....

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.... in Service Tax i.e. either avail abatement or Cenvat Credit facility. I endorse the views of Sh.Pawan Kumar, Sir. Reply By Ganeshan Kalyani: The Reply: Yes the credit is eligible.<br> Discussion F....

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