Cenvat credit of additional duty

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Can a traders take cenvat credit of additional  custom duty  paid u/s 3(5) of custom tariff act instead of claim of refund, because procedure of refund is very clumsy.

Replies (4)

no ... u can't sir

 

Additional Duty (SAD/AED) can utilize for payment of Central Excise duty only. That means only manufacturer can utilize SAD as CENVAT Credit. But First stage dealer can transfer the SAD to manufacturer also. Otherwise you should go for refund of SAD. Refund is not a complex process.

Additional Duty (SAD/AED) can utilize for payment of Central Excise duty only. That means only manufacturer can utilize SAD as CENVAT Credit. But First stage dealer can transfer the SAD to manufacturer also. Otherwise you should go for refund of SAD. Refund is not a complex process.

Dear Sir,

Please give clarification about the cenvat  credit on aditional excise duty. Suppose manufacturer can purchase the chemical from first stage dealer those dealer can import same chemical from outside countries, so please give the clarification about cenvat credit avail or not. Dealer can passed invoice as per cenvat credit rules 3(5).

 

 

Thanks & Regards,

 

Nilesh Joshi

 

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