Cenvat credit


This query is : Resolved 

(Querist)
16 January 2015 iam working ina manufacturer compony.our product is under 84 chapter.we are purchasing tool holder with tarrif number 84661020 from registerd dealer with addl duty.can i take credit on addl duty.pls clarify any one.it will help me and my compony.pls.

Rupesh Jain (Expert)
16 January 2015 yes you can take credit as basic excise duty.
and make 50-50% of cenvat in current year and next year.


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