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Cenvat on cvd and additional duty of import (Excise)

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This query is : Resolved

( Author )
19 May 2011

We have imported a machinery from china. We are manufacturers as well as service providers.the bill includes basic custom duty, cvd and additional duty of imports@4%.

I am aware that No cenvat on BCD is available. With respect to .CVD and additional duty of imports I want to know whether it will be available as 50% in the first yr and balance in next years or entire 100% in the first year itself.


( Expert )
19 May 2011

only additional duty claim is available & 100% available......refund can be claimed


( Author )
19 May 2011

As far as I am awAre, cenvat on CVD as well as additional duty of imports is available. And on CVD 50% for the first yr and balance in next years and 100% of additional duty of import in the first yr itself.

Kindly confirm

CA Unnikrishnan Nair N

( Expert )
23 May 2011

50% of the CVD and Addnl. duty is admissible as cenvat credit in the first year. Balance can be availed in the subsequent year. If the machinery is exclusively used in relation service, credit of Addnl. duty is inadmissible.

Madhukar N Hiregange

( Expert )
23 May 2011

Dear Sonal,
You are right. 50% in the year of receipt as far as CVD is concebred and SAD - 100%.
For SSIs the 100% credit can be availed in the year of receipt.



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