We are import raw mateial and use to production and cenvat credit taken of our CENVAT ACCOUNT we are taken cenvat credit on Bill of Entry ,cvd and additional duty 4% .
we sale finshied goods to local market ,we have to pay excise duty for home consumption ,can we use addiitional duty credit balance in our cenvat accounts ,
If yes please provide me notification or circular
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Refer Rule 3 of Cenvat Credit Rules, 2004.
Only CVD is permitted.