Eligibilit of cenvat credit

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..... Eligibilit of cenvat credit
Query (Issue) Started By: - MANOHARAN ARUMUGAM Dated:- 2-6-2015 Last Reply Date:- 5-6-2015 Central Excise
Got 3 Replies
Central Excise
For imported inputs we a .....

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..... re paying CVD & SAD etc. under incentive scrips i.e. FMS/FPS/MLFPS. Whether these duties are eligible for cenvat credit? Please clarify with cases laws, if any. These scrips are issued under Chapter .....

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..... - III of Foreign Trade Policy. A.Manoharan Reply By CS SANJAY MALHOTRA: The Reply: Dear Manoharan, Duty (CVD & SAD) paid from Duty Credit Scrips are eligible for CENVAT Credit. Please refer Centra .....

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..... l Excise Notifications No. 29/2012 & 30/2012 dated 09.07.2012 (Clause 2j) Hope above clarifies your concern. Reply By BHIMIREDDY NAGARAMI REDDY: The Reply: You are eligible for credit as per as per .....

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..... condition vi of the Customs Notifications No. 92/2009(FPS) and 93/2009(FMS). However, if you are a service provider, you are not allowed 4% CVD under levied Section 3(5) of the Customs Tariff Act.. .....

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..... If the goods are sourced indigenously, but not imported, cenvat credit is eligible as per Central Excise Notifications as rightly mentioned by Shri Sanjay Malhotraji. Reply By CS SANJAY MALHOTRA: The .....

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..... Reply: Dear Mr.Manoharan, Additions made by Mr. Reddy is correct in response to my submissions which pertains to domestic supplies only. Thanks Mr. Reddy.
Discussion Forum - Knowledge Sharing .....

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