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. 

Can I avail this credit fully in current year or there is any condition for utilizing the 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.

Is there any specific notification circular?? If yes can u please mention??

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

Customs Duty: It is purely a cost for you. No credit available. CVD(Excise duty): if you are a SSI unit u can avail 100% credit in the year. SAD (4%): Provided if you are not a service provider ( SAD credit cannot be utilised for payment of service tax ) you can take credit of SAD or also you can apply for refund