CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

Excise Valuation Summary with Story

(1) Pappu Papad Sample Deepika (R-4)
(2) Deepika , Deepika Home- Delivery order (R-5)
(3) Pappu Bill , Deepu Pappu , Deepu 7000
bill

payal ADDITIONAL CONSIDERATION-(R-6)

(4) Pappu Mumbai Depot open (R-7)

(5) Pappu papad duty , Dept SCN issue (Intermediate) captive
cons. (R-8)
(6) Pappu , pappu Rule 9 (Relative ) ( )- sale to
Related Person (R-9)
(7) Pappu ICU VALUE ICU RULE 10 - (R-10)
(8) PAPPU JOBWORK papad Value Rule 10A
(9) Rule 11 B.J.A

(1) Pappu Papad Sample Deepika (R-4)

Rule 4
- Value of such goods sold nearest to time of removal of goods under assessment
(1) IN CASE OF SAMPLE NOTIFIED UNDER MRP, AV = MRP Abatement
(2) Sample notified under Tariff value , AV = TARIFF VALUE.
(3) sample of other goods, AV = NTV
Sidmak laboratories (India) Ltd- if sample nominally price, value shall be determined u/s 4(1)(a) i.e
Transaction Value.
(1) for new samples- provisional assessment will be made (2) adjustment due to difference in
dates will be made.

(2) Deepika , Deepika Home- Delivery order (R-5)

Rule 5

- Actual/average cost of transportation deductible except from factory to branch.

Forward / return journey both transport deductible.
Profit on transport includible, in case transportation charged more in invoice than actual
incurred, BUT IN CASE OF AVERAGE TRANSPORT- NO PROFIT INCLUDIBLE
COST OF TRANSPORT FROM FACTORY TO customer Place
DEDUCTIBLE
COST OF TRANSPORT FROM FACTORY TO DEPOT/WAREHOUSE
NOT DEDUCTIBLE
COST OF TRANSPORT FROM WH/DEPOT TO CUSTOMER PLACE
DEDUCTIBLE

(3) Pappu Bill , Deepu Pappu , Deepu 7000

bill

payal ADDITIONAL CONSIDERATION-(R-6)

Rule 6
- Value = TV+ additional consideration flowing from buyer to assessee.
Provided that where price is not the sole consideration for sale of such excisable goods and
they are sold by the assessee at a price less than manufacturing cost and profit, and no
additional consideration is flowing directly or indirectly from the buyer to such assessee, THE
VALUE OF SUCH GOODS SHALL BE DEEMED TO BE THE TRANSACTION VALUE.

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

IFGL Refractories
- Benefit due to surrender of license by buyer, is additional consideration
Mazagon Dock ltd.
- Subsidy from govt is not an additional consideration but subsidy from buyer of
goods is an additional consideration even if the same is received under a policy of the government
Explanation 1
- add apportioned value of material supplied by buyer free or reduced cost.
Explanation 2
- Notional interest added if advance recieved has influenced the price. (by
charging lesser price or offering special discount) [ if price not influenced- NO NOTIONAL INT. ADDED]
Advertisement
- incurred by buyer under an agreement, added to value
After sale service
- added to AV

(4) Pappu Mumbai Depot open (R-7)

Rule 7- valuation
of excisable
goods that are
sold from
depot/branch or
premises of
consignment

(1) where the excisable goods are not sold by the assessee at the time and
place of
removal but are transferred to a depot/consignment agent
(2) from where the excisable goods are to be sold after their clearance from the
place of removal and
(3) where the assessee and the buyer are not related and the price is the sole
consideration for the sale

Depot sales AV = NTV of branch/depot, at the time of removal from factory

Normal
means the transaction value at which the greatest aggregate quantity of goods are
transaction value
sold.
Brakes India Ltd - In case of inter-depot transfers, AV=the price prevalent at the latter depot from where
the goods are actually sold

(5) Pappu papad duty , Dept SCN issue (Intermediate) captive

cons. (R-8)
Rule 8

- captive consumption WHETHER WHOLE OR IN PART - 110% of Cost of

production
CAS 4 (1) Duty paid on input is deductible in calculating COP.(2) Recovery of sale of scrap deducted
(3) Administration overhead related to factory forms part of cost of production. (4) Selling & distr. cost,
abnormal and non recurring cost, interest and financial charge not forms part of cost of production.
(4) quality control, R& D, packing cost, amortised cost of moulds included in Cost of Production.
E/N- 67/95- Intermediate product exempt if capitvely consumed to manufacture in same factory and
Final product is dutiable.

(6) Pappu , pappu Rule 9 (Relative ) ( )- sale to

Related Person (R-9)

Rule 9
- if sale to Related person whether wholly or partly, AV= NTV at which related
SOLD WHOLLY
person sells to non-related
OR PARTLY TO
If Related person doesnt sale but captively consume, AV= 110% of cost of
RP
production
Universal luggage Mfg. Co - sales to both related and unrelated & charged same price from both
AV for related person=price at which sold to NRP.

(7) Pappu ICU VALUE ICU RULE 10 - (R-10)

Rule 10- Where

whole/part of
excisable goods

- ICU- also related under 4(3)(b)(ii)/(iii)/(iv)/H/S then as per rule 9,

OTHERWISE- TRANSACTION VALUE U/S 4(1)(A)

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

sold to ICU

(8) PAPPU JOBWORK papad Value Rule 10A

Rule 10A
JOBWORK

SOLD FROM FACTORY OF JOBWORKER TV at Factory gate of jobworker

BROUGHT BACK BY RMS AND THEN SOLD NTV at RMS place on removal of
factory from jobworker.
CONDITION- RMS & BUYER ARE NOT RELATED AND PRICE IS SOLE CONSIDERATION.
IF RMS & BUYER ARE RELATED- THEN AV AS PER RULE 9/10
IF PRICE IS NOT SOLE CONSIDERATION- AV AS PER RULE 6, AV= TV + ADDITIONAL CONS

If job worker produced intermediate product which is captively consumed by Raw material Supplier
AV = DELIVERED COST OF RAW MATERIAL + JOB WORK CHARGES ( LABOUR & PROFIT)
IF JOB WORK OF MRP Notified goods AV = MRP less Abatement

(9) Rule 11 B.J.A

CENVAT CREDIT RULES 2004 Summary with Story

(1) Pappu input ( Rice) Purchase (R-4(1) )
(2) Pappu Capital Goods ( machine ) Purchase (R-4(2), 4(3), 4(4) )
(3) Paapu input service - 4(7)
(4) Pappu Job-work Papad , input job-worker 4(5)
(5) Job-worker factory Papad Permission 4(6)
(6) Papad , Rule 5 Export

(7) exempted goods , dutiable goods , exempted goods use input/

input service credit Rule 6

(8) Pappu Factory factory , factory control H .O open ,

ISD Registration Rule 7
(9) Factory IP , Warehouse Permission
Rule 8
(10) 1 number , Document Base Domestic purchase & import
- Rule 9
(11) factroy 2 No. , ,
factory shift Rule 10

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

(12) Transitional Provision Rule 11

(13) Pappu Tax Planning Purpose North- East State Factory - buyer purchase
, credit Rule 12

(14) Govt Pappu North East Job , input Deemed Credit

Rule 13

(15) Dept , Pappu Credit avail and use ,

recovery Rule 14
(16) input confiscate , Penalty Rule 15
(17) Rule 15A General Penalty upto Rs 5000
(18) Rule 16- Supplementary provision

Story part-2
(1) CCR avail ( 2 + 3 + 4 + 6 + 9)
(2) IP, CG, IS definition Rule 2
(3) Rule 3(1) eligible Duties

(4) CCR use , Rule 3(4)

(5) Pappu 25 lakh order and order cancel
(6) input and capital goods ( new machine) Rule 3(5)
(7) CG use ( second hand CG) 3(5A)
(8) Pappu , , Garments
Business , Fashion , IP & CG W/OFF
-3(5B)
(9) Pappu Factory , FP Duty Rule 21 of CER 2002 and IP &
IS CREDIT REVERSE 3(5C)

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

1) Pappu input ( Rice) Purchase (R-4(1) )

1.

MANUFACTURER FACTORY immediately RECEIPT

(TRANSIT LOSS-NO CCR)

Note- IMMEDIATELY
2.

S. PROVIDER INPUT CREDIT

PREMISES RECEIPT

NOTE- BUT 2012 BUDGET S. PROVIDER OF CREDIT DELIVERY

IF DOCMENTARY EVIDENCE MAINTAIN DELIVERY AND LOCATION

Note- Proviso to Rule 4(1) and 4(7) has been amended to provide that a manufacturer or a service provider shall take credit
on inputs and input services within a period of 6 months from the date of issue of invoice, bill or challan with effect from 1st
September, 2014. Currently, CENVAT Credit can be claimed at any time after receipt of invoice.

2) Pappu Capital Goods ( machine ) Purchase (R-4(2), 4(3), 4(4) )

1.
2.

MANUFACTURER FACTORY RECEIPT (NO COND OF installation/use)-- Upto 50%

S. PROVIDER CG CREDIT PREMISES RECEIPT

NOTE- BUT 2012 BUDGET S. PROVIDER OF CREDIT DELIVERY

IF DOCMENTARY EVIDENCE MAINTAIN DELIVERY AND LOCATION
3.

Balance- next year- condition possession

C,A,R,M POSSESSION
4. 3 CASES- 100% CCR IN FIRST YEAR1) SP. CVD (2) SSI (3) CG REMOVED AS SUCH
5. CG- FACTORY RECIEVE ELECTRICITY CAPTIVE USE CREDIT

6.

4(3) - CG CREDIT OWNERSHIP

7.

4(4) CG DUTY CREDIT OR DEP

3) Paapu input service - 4(7)

Rule 4(7)CCR ON
INPUT
SERVICE

Reverse charge
(i) Partial Reverse charge CCR ON PAYMENT of value AND s. tax

(ii) Full Reverse charge CCR ON PAYMENT of s. tax

Invoice issued before 1-4-11 - CCR On PAYMENT of value AND s. tax

Invoice issued on or after 1-4-11 - CCR On or after the day OF RECEIPT OF INVOICE
Note- if payment of value & s. tax not made within 3 m of date of invoice
Than Pay Amt = CCR availed. (By debiting CCR or PLA )- Monthly/Quarterly
Note- if payment made AFTER 3 M, then s.provider can take credit which was paid earlier.
Associated enterprise can take CENVAT credit of the service tax paid under rule 4(7) of the CCR, 2004 if S. tax paid on basis of,
debit/credit entries in books of account
Proviso to Rule 4(1) and 4(7) has been amended to provide that a manufacturer or a service provider shall take credit on
inputs and input services within a period of 6 months from the date of issue of invoice, bill or challan with effect from 1st
September, 2014. Currently, CENVAT Credit can be claimed at any time after receipt of invoice.

CA MANOJ BATRA
4)
1)

SUMAARY OF VALUATION & CCR 04 with Story

Pappu Job-work Papad , input job-worker 4(5)

GOODS SENT TO JOB WORKER

CCR REVERSE

NOTE- 180 DAYS

2)

181 TH DAY, IF NOT RETURNED PAY AMT= CCR related to the portion of IP/CG Not Received back (BY
DEBITING CCR OR PLA)

180 DAYS CREDIT REAVAIL

JIGS, FIXTURE, MOULDS & DIES

180 DAYS

JOB WORKER DIRECTLY GOODS SEND - CREDIT

E/N-214/86- jobworker Exempt from duty if

(i)

RMS JOBWORKER AC/DC UNDERTAKING

(ii) RMS EVIDENCE - FP ACTUALLY USE

(iii) RMS DUTY PAY

5) Job-worker factory Papad Permission 4(6)

6) Papad , Rule 5 Export
Rule 5 Refund of CENVAT Credit

(1)

CCR ON IP/IS REFUND IF USED FOR FP/OS WHICH ARE ECPORTED ON

WHICH DUTY OR TAX NOT PAID

(2)

(3)
(4)
(5)
(6)
(7)
(8)

BUT NO REFUND IF claimed

REBATE OF DUTY UNDER RULE 18 OF CER OR
REBATE OF S. TAX claimed
DUTY DRAWBACK
REFUND = EXPORT TO OF GOODS + EXPORT TO OF SERVICE * NET CCR
TOTAL TURNOVER
NET CCR = [ CCR AVAILED ON IP& IS AMT REVERSED IN 3(5C) ]
EXPORT TO OF GOODS = VALUE OF FP & INT. PRODUCT EXPORTED UNDER BOND OR LUT
EXPORT TO OF SERVICE = PAYMENT RECD DURING RELEVANT PERIOD FOR EXPORT OF SERVICE +
EXPORT OF SERVICE WHOSE PROVISION COMPLETED BUT PAYMENT RECD IN PERIOD PRIOR TO RELEVANT
PERIOD (-) ADVANCE RECD FOR WHICH SERVICE NOT PROVIDED YET
TOTAL TO = [VALUE OF EXPORT + DUTIABLE + EXEMPTED GOODS] + [ VALUE OF EXPORT SERVICE ( as above) +
OTHER SERVICE] (+) VALUE OF IP REMOVED AS SUCH

RULE [5B. Refund of CENVAT credit to service providers providing services taxed on
reverse charge basis.
A PROVIDER OF SERVICE PROVIDING SERVICES
notified under sub-section (2) of section 68 of the Finance Act AND

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

being unable to utilise the CENVAT credit availed on inputs and input services for
payment of service tax on such output services,
shall be allowed refund of such
UNUTILISED CENVAT CREDIT
subject to procedure, safeguards, conditions and limitations, as may be specified by the Board by
notification in the Official Gazette.]
Refund amount will be LOWER OF 3
(i) Balance available as CCR
(ii) Amount as per formula of notification
(iii) Service tax paid or payable by Recipient of service
7) exempted goods , dutiable goods , exempted goods use input
credit Rule 6
EXEMPTED GOODS
1.
2.
3.
4.

Nil Rated Goods.

100% exempted goods
Goods on which 2% duty is payable. [E/N:1/2011]
SL. NO. 67 & 128 GOODS OF NN- 12/2012

EXEMPTED SERVICE
1. 100% Exempted Services.
2. Non Taxable Services u/s 66B [ e,g- Trading of goods or securities, service provided in non taxable
territory.]
3. Services on which part of value is exempted to the condition that no CCR shall be allowed.[Abated
service]

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

1) CCR OF IPEG

Value for trading OF GOODS = HIGHER OF 2

2) CCR OF IPES

1. 10 % of COGS
2. [S.P-COGS]
Value for trading OF Security = HIGHER OF 2

[CCR OF IP CCR OF IPEG] * VALUE OF ES

VALUE OF [DG+ES +TS]

1. 1 % of purchase price
2. [S.P-PP]

3) CCR OF IS USED FOR EG & ES

CCR OF IS * VALUE OF [EG +ES]
VALUE OF [EG+DG+ES +TS]

8) Pappu Factory factory , factory control H .O open ,

ISD Registration Rule 7

RULE 7
CCR of S. TAX can be distributed to Manufacturing Units OR S. provider units subject to conditions (1) CCR
distributed doesnt exceed S. TAX PAID thereon (2) CCR related to exempted unit will not be distributed to
any unit (3) PREMISE SERVICE USE only DISTRIBUTE (4) CCR
previous YEAR Turnover ratio Units c.year Operational
distribute ( if P.Y Turnover is not available for some or all units, then
Previous Quarter Turnover ratio )
RULE

IP/CG DUTY DISTRIBUTE

7A

Duty pro-rata distribute , FSD /SSD DISTRIBUTE

Input Service Distributor
Means any office of the manufacturer/producer of FP OR SERVICE PROVIDER

ISD

which receives invoice issued under rule 4A of STR 1994

towards purchase of Input service AND ISSUES INVOICE, bill or as the case may be challan
for the purposes of distributing the credit of Service tax paid
on the said services to such manufacturer or producer OR SERVICE PROVIDER as the case
may be

9) Factory IP , Warehouse Permission

Rule 8
NATURE OF INPUT OR SHORTAGE OF SPACE CCR REVERSE IP
REMOVE RULE-8
condition & limitation of AC/DC- if condition not followed- pay amt=CCR availed.

10) 1 number , Document Base Domestic pur & import

- Rule 9
Domestic IP/CG

Input service

CA MANOJ BATRA
1)
2)
3)
4)

SUMAARY OF VALUATION & CCR 04 with Story

invoice of Manufacturer
FSD/SSD invoice
IP/CG AS SUCH
Supplementary invoice

1.
2.
3.
4.

Invoice of ISP
Invoice of ISD
Reverse charge- GAR-7 challan
Service tax certificate for transportation of
goods by Rail ( STTG Certificate)
5. Supplementary invoice

Imported IP/CG
1)
BOE
2)
COAOC
3)
FSD/SSD INVOICE
4)
Supplementary invoice

Note- Rule 9(2)- NO CCR ALLOWED IF INVOICE

DOESNT contain all the contents
HOWEVER CCR ALLOWED IF INVOICE CONTAINSNAME OF SELLER, DESCRIPTION, VALUE AND
DUTY PAID..AND AC/DC SATISIFIED.
XEROX COPY of invoice base credit
Supplementary invoice base credit manufacturer and S. Provider ,
Fraud short payment - then supplementary invoice issue CCR

FSD- MANUFACTURER PURCHASE

SSD FSD PURCHASE

includes an Importer who sells goods imported by him

under the cover of an Invoice
on which CENVAT Credit may be taken, and such
Invoice shall include an Invoice issued from his Depot
or the Premises of his Consignment Agent.

Stelko Strips Ltd.

CENVAT credit be taken on the basis of private

challans

11) factroy 2 No. , ,

factory shift Rule 10
If factory shifted or ownership transferred - CCR Bal lying unutilised can be transferred
Conditions (1) TRANSFER of liablities (2) IP/CG also transferred (3) IP/CG are duly accounted for.
PAPPU FACTORY NOIDA , DELHI SHIFT , CCR BALANCE 10 LAC ,
BUT CCR ATTRIBUTALE TO IP/CG STOCK -7 LAC , DELHI FACTORY TRANSFER .
PAPPU 10 LAC CCR DELHI FACTORY TRANSFER

12) Transitional Provision Rule 11

AT THE TIME OF TAKING CCR- IF FP IS DUTIABLE/ OS TAXABLE- R-11(3) &(4)
BUT SUBSEQUENTLY FP/OS IS EXEMPTED THEN

(i) DETERMINE THE CCR OF DUTY PAID ON [IP, IP IN PROCESS , IP IN FP] IN STOCK
(ii) DEDUCT FROM CCR BAL, BALANCE IF ANY WILL LAPSE.
AT THE TIME OF TAKING CCR- IF FP IS EXEMPTED - R-3(2) &(3)
BUT SUBSEQUENTLY FP/OS IS DUTIABLE/ OS TAXABLE THEN
(i) DETERMINE THE CCR OF DUTY PAID ON [IP, IP IN PROCESS , IP IN FP] IN STOCK
(ii) TAKE CCR

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

10

13) Pappu Tax Planning Purpose North- East State Factory - buyer purchase
, credit Rule 12
14) Govt Pappu North East Job , input/input service
Deemed Credit Rule 13
15) Dept , Pappu Credit avail and use ,
recovery Rule 14
16) input confiscate , Penalty Rule 15
CCR WRONGLY TAKEN OR UTILISED OR CONTRAVENTION OF

Rule 15

PROVISION on IP/CG/IS
Other than fraud- Confiscation and penalty (duty/TAX or 2000) w.i greater
Fraud- additional penalty equal to duty for manufacturer u/s 11AC
Fraud- additional penalty for service provider u/s 78

17) Rule 15A General Penalty

18) Rule 16- Supplementary provision

Story part-2
(1) CCR avail ( 2 + 3 + 4 + 6 + 9)
(2) IP, CG, IS definition Rule 2
IS
1. CONSTRUCTION, WORKS CONTRACT IS -
BUILDING OR CG FOUNDATION USE
NOTE- SERVICE RECIEVE IS
2. GENERAL INS/ SERVICING/REPAIR AND MAINTENANCE, RENTING OF MOTOR VEHICLE
SERVICE CCR- ONLY Motor Vehicle MOTOR VEHICLE CCR
ELIGIBLE
SERVICE TAX PAID ON GEN INS. AND MAINTENANCE OR REPAIR OF
ANY MOTOR VEHICLE ALLOWED TO
MANUFACTURER OF MOTOR VEHICLE
INS. COMPANIES IN RESPECT OF INS. OR REINSURANCE
3. SERVICES USE- PRIMARILY PERSONAL USE OF EMPLOYEE -
CREDIT
COST OF TRANSPORT:

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

11

a) From FACTORY to OTHER PLACE OF REMOVAL (like depot)CCR ALLOWED

b) From FACTORY to CUSTOMER PREMISES
CCR Not ALLOWED (circular)
Simple analysis for MOTOR VEHICLE
(1) FOR MANUFACTURER
(A) Motor Vehicle- 8702/03/04/11 CG E .duty CCR and 4 services
CCR

(B) Motor Vehicle- OTHER THAN 8702/03/04/11 CG E .duty CCR and 4

services CCR
(2) FOR SERVICE PROVIDER
(A) Motor Vehicle- OTHER THAN 8702/03/04/11 CG E .duty CCR and 4
services CCR
(B) Motor Vehicle- 8702/03/04/11- Divided into 2 parts

(i) goods vehicle 3 s. provider M. Vehicle CG E .duty CCR

and 4 services CCR

(ii) passenger vehicle- 3 s. provider M. Vehicle CG E .duty CCR

and 4 services CCR

Final
means excisable goods manufactured or produced from input or using input service.
product
Rule 2
Means- all goods used within factory
input
Any goods + accessory + goods used for Free warranty if there value included in FP
All goods used for generation of electricity or steam for captive use
All goods used for providing output service
Excludes- (1) LDO,HSD, Motor spritit (2) any goods for const of buildg or support of cap goods ( but treated as IPfor CONSTRUCTION SERVICE/ works contract service)
(3) Cap goods ( when cap goods used as part or component then treated as input)
(4) Motor vehicle, (5) any goods for personal use, (6) any goods which have no relationship with mfr of FP.
simple analysis for construction of building etc
(i) IP ( cement, bricks etc.)
(ii) IS ( Construction / works contract service)
CCR
NOTE- IP/IS (cement, bricks etc Construction / works contract service) CCR ONLY CONSTRUCTION OR

WORKS CONTRACT SERVICE PROVIDE ABATEMENT

Transit loss- No CCR, storage loss- No CCR, Process Loss- CCR allowed

(3) Rule 3(1) eligible Duties

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

12

(4) CCR use , Rule 3(4)

Rule
3(4)

No 1 to 1 correlation necessary
Proviso 1 to 1 corelation
CCR Utilised for payment of (1) duty (2) AMT PAYABLE ON REMOVAL OF IP/CG AS SUCH (3)

AMT PAYABLE ON REMOVAL OF DEFECTIVE FP (4) S. TAX

Proviso
CCR utilised only to extent available on the last day of month/QTR
For payment of duty of that month/QTR
Arrears of duty under section 11A can be paid by utilizing the CENVAT credit which has accrued subsequent to the period to
which the arrears pertained.
Clean energy cess and 1/2011- goods duty pay CCR USE
Restriction on utilisation
Rule 3(4) + 3(7)(b) + proviso to rule 3(4)
See chart
Cenvat Credit
Utilization
1.

BED /SED/GSI/S. TAX

ALL (except Health Cess, NCCD on M.P)

NOTE- BUYER 1/2011 OR 12/2012 GOODS PURCHASE DUTY

CREDIT
2.

ADE (T & TA)

ADE (T & TA) Duty

3.

NCCD (FA, 2001)

NCCD (Duty)

3A) NCCD ON MOBILE PHONE

ONLY NCCD

4) ADE 03

ADE 03

5) ADE 05 (Health Cess)

Only ADE 05 (Health Cess)

6) CVD 3(3) OF CTA (SEE NOTE

CVD

note- 85% of CVD CREDIT - ON IMPORT OF SHIP/BOATS

7) Special CVD u/s 3(5) of CTA

ALL (except Health Cess, NCCD on M.P, S.TAX)

8) EC (Ex Goods/ S.TAX)

9) SHEC (EX Goods/ S.tax)

EC (Ex Goods)/ EC (Taxable Sr)

SHEC (Ex Goods)/ SHEC(Taxable Sr)

SUMMARY
CCR of BED/SED/GSI can be utilised for payment of any ED Including EC & SHEC except H.Cess/NCCD on MP
Can CENVAT credit of duties, other than National Calamity Contingent Duty (NCCD), be used to pay NCCD?
CCEx. v. Prag Bosimi Synthetics Ltd. 2013 (295) ELT 682 (Gau.) - yes
3(7)(b) 100% EOU to DTA
CCR = CVD + Sp. CVD + EC & SHEC (excise)

(5) Pappu 25 lakh order and order cancel

(6) input and capital goods ( new machine) Rule 3(5)
Removal of IP/CG as such Rule 3(5)
If IP/CG removed as such from Factory
Pay Amt. = CCR Availed on IP/CG
Note- NO REVERSAL ON INPUT SERVICE (E.G TRANSPORTATION)
3(6)- BUYER() AMOUNT DUTY CREDIT

CA MANOJ BATRA

SUMAARY OF VALUATION & CCR 04 with Story

13

(7) CG use ( second hand CG) 3(5A)

PROVISIONS RELATING TO THE PAYMENT OF EXCISE DUTY ON USED CAPITAL GOODS CLEARED - If CG removed
after use- Second hand capital goods
Pay Amt = HIGHER OF 2
Computer & its peripherals
(1) CCR 10%/8%/5%/1%/1% for each qtr or part of qtr for 1st, 2nd, 3rd, 4th, 5th year respectively.
Other than computer & its peripherals
Pay amt. = CCR2.5% for each qtr. Or part from date of taking CCR.
(2)
Pay amt = Duty on TV
CG CLEARED AS waste & Scrap- Pay amt = Duty on TV

(8) Pappu , , Garments

Business , Fashion , IP & CG W/OFF
-3(5B)
Pay Amt. = CCR Availed on IP/CG
IF IP/CG AGAIN USED...THEN CCR CAN BE TAKEN AGAIN.
(9) Pappu Factory , FP Duty Rule 21 of CER 2002 and IP &
IS CREDIT REVERSE 3(5C)

RULE 10ATRANSFER OF
CENVAT CREDIT OF
ADDITIONAL DUTY
LEVIABLE U/S 3(5)
OF CTA 1975

(1) MANUFACTURER FACTORY FACTORY ADDITIONAL DUTY U/S

3(5) OF CTA CREDIT DISTRIBUTE
(2) MANUFACTURER PREMISES REGISTRATION COMMON PAN
BASIS
(3) MANUFACTRER QUARTERLY REGISTRED PREMISES REGISTERED
PREMISES ADDITIONAL DUTY U/S 3(5) OF CTA BALANCE QTR END
AVAILABLE - DISTRIBUTE
(4) CCR TRANSFER TRANSFER ENTRY DOCUMENT R-9 maintain

TRANSFER CHALLAN ISSUE NAME, ADDRESS TRANSFERRER AND

RECIEVER , AMT TRANSFERRED
(5) RECIPIENT PREMISES- TRANSFER CHALLAN BASIS CREDIT
(6) CREDIT TRANSFER - TRANSFERRER AND RECIPIENT PREMISES
AREA BASED EXEMPTION
(7) MANUFACTURER MONTHLY RETURN FILE - TRANSFERRER AND RECIPIENT
PREMISES