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TMI BlogAVAILMENT OF CENVAT CREDIT OF CUSTOM DUTYX X X X Extracts X X X X X X X X Extracts X X X X ..... AVAILMENT OF CENVAT CREDIT OF CUSTOM DUTY X X X X Extracts X X X X X X X X Extracts X X X X ..... ;. From this duties We avail Cenvat on CVD @12% and Addl. Duty @4% my query is: Can we avail Cenvat credit on CVD portion in Custom Cess (2%) and SHE Cess (1%). Please express your views. (kindly clear about payment of Custom duty @5%) rgds Reply By Arun Kumar Singh: The Reply: You can not take the edu. cess and SH. cess on imported goods. Reply By R K: The Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly: You have not mentioned the ITCHS of the imported CG. As per budget changes (14-15) you can avail Cess on CVD (both 2% and 1%) Reply By Rajagopalan Ranganathan: The Reply: Sir, With effect from 17.3.2012 education cess and secondary and higher education cess payable on CVD is exempted vide Notification No. 13 and 14/2012-Customs dated 17.3.2012. However,the exemption shall not apply to th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e following goods covered under column (2) of the TABLE in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 69/2004-Customs, dated the 9th July, 2004, published in the Gazette of India, Extraordinary, vide number G.S.R.411(E), dated the 9th July, 2004, namely:- i. goods specified in headings, sub-headings or tariff items 3818 , 8469 00 10, 8470,84 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 71, 8473 21 00, 8473 29 00, 8473 50 00; ii. line telephone sets and line videophones of heading 8517 ; iii. goods specified in tariff item 8519 50 00 ; iv. all prepared unrecorded media for sound recording or similar recording of other phenomena , other than products of Chapter 37 (excluding cards incorporating a magnetic stripe) of heading 8523 ; v. recorded media for reproducing phenomena ot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... her than sound or image of heading 8523 ; vi. goods specified in headings, sub-headings or tariff items 8531 20,8532, 8533, 8534 00 00, 8541 ; vii. parts of electronic integrated circuits and micro-assemblies of tariff item 8523 52 or 8542 90 00 ; viii. goods specified in headings ,sub-headings or tariff items 8543 70 11, 9013 80 10, 9013 90 10, 9026, 9027 20 00, 9027 30,9027 50, 9027 80(except ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exposure meters) , 9030 40 00,9030 82 00;and
ix. goods specified in serial numbers 11 to 12A ,17 to 44 , 47 to 50 and 54 of the said Table .]
This is for your information. X X X X Extracts X X X X X X X X Extracts X X X X
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