Thursday, 8 October 2015

Credit of AED(GSI) on inputs can be used to pay AED(GSI) on intermediate products

Cenvat Credit : Accumulated credit of AED(GSI) on inputs pertaining to period before 1-4-2000 can be used to pay AED(GSI) on intermediate products and credit of AED(GSI) paid on intermediate products on or after 1-4-2000, can be used to pay BED/SED on final products

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