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Cenvat credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 January 2013 whether the duty paid under EPCG scheme is considered for cenvat purpose?
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
28 January 2013 The EPCG scheme is quite beneficial to Manufacturer exporters as they can import their CG at a substantial discount. Especially for those manufacturers whose final product is not excisable or is exempt from excise duty.

Since they cannot take the CENVAT credit of the CVD paid on imports and Excise Duty paid in Domestic markets.
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 February 2013 thanks sir
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