Cenvat Credit on Import Duty

chetan soni (service) (3784 Points)

22 June 2009  

We have manufacturing concern as our client. In last year accounts we have taken 50% of Basic Custom Duty as Cenvat Credit, but this was not there in Cenvat Register.

And balance 50% was carried forward to this F.Y.

My Qyestion:

Can we take cenvat credit of Basic Custom Duty against excise duty payable.