banner_ad

Cvd is cenvatable or not

This query is : Resolved 

12 February 2014 Whether CVD is available as input credit or not in case of trader who imports goods and make sales.If yes how he can avail and against at what payment and can it be claimed as refund if not utilized, if yes in what time? Plz clarify


With Reagards,
B.Srikanth

13 February 2014 No CvD paid by the Trader for import of goods for subsequent sale is not Cenvatable because,as per the Central Excise Law and rules framed thereunder for availing Cenvat of CvD paid at the time of Import of the goods the imported goods must be used in manufacturing of any final product which is excisable and not exempt.In your given case the goods is imported forsale and not as an input for any fianl product which is excisable and not exempt.


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details