Excise Duty Credit Taken for Additional Duty., Central Excise

[GORAKHNATH KHARADE]

Dear sir

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

Thanks

Gorakhnath kharade
9920200983

Posts / Replies

[Ganeshan Kalyani]

Refer Rule 3 of Cenvat Credit Rules, 2004.

[KASTURI SETHI]

Only CVD is permitted.