Cenvat credit against cvd

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student
44 Points Joined June 2012

we are importing goods from denmark and paid basic custom duty and CVD and additional custom duty on that.

   this imported goods are use for the purpose of selling in local market with VAT and CST without any further processing on it , can we are able to take CENVAT credit on Additional and CVD paid against VAT and CVD...  

 

thanks

 

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On 08 December 2012 at 12:36 Report
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B.com ACA
5923 Points Joined December 2011

No Cenvat credit of CVD cannot be taken against VAT but the same can be taken on excise duty or service tax payable.

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On 08 December 2012 at 13:20
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B.com ACA
5923 Points Joined December 2011

No Cenvat credit of CVD cannot be taken against VAT but the same can be taken on excise duty or service tax payable.

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On 08 December 2012 at 14:07
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Practicing CA
834 Points Joined February 2012

you can take refund of CVD if you are not passing it to customer plz see attached notification for procedure of refund

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On 08 December 2012 at 14:22

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