Cenvat credit of education cess & sh education cess

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 July 2013 Dear Sir/ Madam

We have a manufacturing unit . we import machinery from China. On Bill of entry the following duties are chargeable
Basic Custom duty
CVD 12% equivalent to excise duty
Special CVD 4%
Education Cess & Secondary higher education cess both on BCD & CVD.

we can take the cenvat credit of Cvd 12% & Special CVD 4%.

My question is that can we take the credit of education cess 2% & SH education cess 1% charged on CVD 12% ?

Please reply as early as possible with some notification or any other guideance.

Thanking You

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

13 July 2013 only you can take cenvat credit of CVD 12% & Additional duty 4%

Edu.cess & Sec higher edu cess on custom duty not cenvatable.

Message likes : 2 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA Sunny Sharma

Rajat Khandelwal

ASHOK B GONDKAR

ashvini tripathi

CA Lalit Kumar Agrawal

Subscribe Now

Cenvat credit of education cess & sh education cess

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANCY

CA Final

Senior Executive

GST CONSULTANT

Manager- Finance and Compliance