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Cenvat credit

ASHOK KUMAR SAHO (OFFICE EXCISE & CUSTOM) (142 Points)

18 March 2015

DEAR SIR,

CAN I TAKE CENVAT CREDIT 2% ON CVD WHICH IS NOT EQUAL TO EXCISE DUTY OF EXCISE TRAFF RATE .

THANKS

ASHOK

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6 Replies

R P Ananthakumar (Sr. Officer - Central Excise/Cash) (514 Points)
Replied 18 March 2015

Dear Sir,

I cant understand your query. pls clarify.

regards

RP Ananthakumar

satya (Executive Excise) (1839 Points)
Replied 19 March 2015

Hi, Ashok, I think you r asking about CESS & SH CESS in Bill of Entry, that CEss's are Customs not CVD. on bill of entry, you will be eligible CVD & SAD(ADI) only for taking cenvat credit benefit. customs duties what ever it may be not eligible for cenvat credit purpose.

ASHOK KUMAR SAHO (OFFICE EXCISE & CUSTOM) (142 Points)
Replied 21 March 2015

dear sir,

my question is i have paid 2 % cvd on steam coal (chapter head 2701.19.20), as per tariff rate in excise duty 6% can i take cenvat credit 2% cvd which is paid in bill of entry.