Credit of edu. cess & sec. hr. edu. cess

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 May 2012 Dear All,
Please give right ans of my query mention below:
We have imported some material from china, due to amendment in finance act 2012 edu. cess and Sec & Hr. edu. cess is applicable only one time due to public interest.
My question is that can we take credit on proportional basis of education cess which is levied on BCD & CVD Jointly.
In Bill Of Entry only mention custom education cess.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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01 June 2012 Credit of education cess paid on input goods and paid on input services is inter-changeable. Similarly, credit of SAH Education cess paid on input goods and paid on input services is inter-changeable.

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