1. Localizations for India Implementation Guide
  2. Offsetting Cenvat Credit and Calculating Duty Liability

Offsetting Cenvat Credit and Calculating Duty Liability

This section provides overviews of VAT and Cenvat credit offset on raw materials, calculation of duty liability on manufactured goods, and calculation of duty liability on personal consumption of manufactured goods, lists prerequisites, and discusses how to:

  • Set processing options for Personal Consumption (P75I309).

  • Review the offset Cenvat and Cenvat credits amounts.

  • Calculate duty liability for goods consumed.