Assigning the Percentage of Cenvat Credit to an Item Type
Access the Credit Distribution Percentage form.
- Model Year (YYYY)
Enter the model year of the appliance in the YYYY format.
- Item Type
Enter a user-defined code from UDC table 75I/EA that identifies the type of item. Examples are:
AII: Account for Inputs
CII: Account for Capital goods
EXA: Expense Account
PLA: Personal Ledger Account
SRV: Accounts for Services
- From Tax Type
Enter a user-defined code from UDC table 75I/GT that identifies the tax type. Values are:
AED: Additional Excise Duty
BED: Basic Excise Duty
Cess: Education Cess
CVD: Counter Veiling Duty
CVHC: HCess - CVD
CVDCS: Education Cess - CVD
FT: Freight for JST adj
INTR:INTR: Interest - TDS
OTHROther - TDS
PF: Packaging & Forwarding
SED: Special Excise Duty
ST: Service Tax
STCS: Education Cess - ST
SUR: Surcharge
TCS: Tax Collected at Source
TDS: Tax Deducted at Source
TOT: Turn Over Tax
VAT: Value Added Tax
- To Tax Type
Enter a user-defined code from UDC table 75I/GT that identifies the tax type. Values are:
AED: Additional Excise Duty
BED: Basic Excise Duty
Cess: Education Cess
HCess: Higher Education Cess
CVD: Counter Veiling Duty
CVDCS: Education Cess - CVD
FT: Freight for JST adj
INTR:INTR: Interest - TDS
OTHR:Other - TDS
PF: Packaging & Forwarding
SED: Special Excise Duty
ST: Service Tax
STCS: Education Cess - ST
SUR: Surcharge
TCS: Tax Collected at Source
TDS: Tax Deducted at Source
TOT: Turn Over Tax
VAT: Value Added Tax
- Annual Percentage
Enter the credit percentage that is used for distributing credit.