Set off of customs against cenvat

CENVAT Credit of Additional Customs Duty (12.5%) and Special Additional Customs Duty (4%) is available to a manufacturer. The Basic Customs Duty and Customs Cess is not available as credit. 

There is no time limit for utilization of the credit. However, for availing the credit, time limit of one year has been prescribed. You can avail the credit as soon as the inputs are received in your factory. The credit so availed can be utilized in future without any time limit.

The credit on capital goods used to manufacture excisable goods liable to duty is 100% for SSI. All other ( non sssi and service providers) can avail the credit Upto 50% in the year of receipt and balance in subsequent years.

Dear urjit,

CVD and ADI(SAD) only Cenvatable, Customs duty and Cess's are non cenvatable.

fyi