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credit of AED_TTA for Payment of BED

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..... credit of AED_TTA for Payment of BED
Query (Issue) Started By: - Himanshu Gupta Dated:- 11-4-2016 Last Reply Date:- 11-4-2016 Central Excise
Got 2 Replies
Central Excise
My client is usin .....

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..... g his AED_TTA cenvat credit for payment of BED. I have gone through much information but could not get the clear ans. As per my understanding it is not allowed. so please tell me whether there is any .....

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..... condition under which such CC can be used in above mentioned manner. Reply By CS SANJAY MALHOTRA: The Reply: CENVAT of AED (TTA) can't be used for payment of BED as per the restrictive clause pr .....

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..... ovided in Rule 3(7)(b) of CCR 2004. CENVAT of AED(TTA) is to be used against the payment of AED(TTA) only. Reply By Ganeshan Kalyani: The Reply: I agree with the views submitted by Sri Sanjay Sir. T .....

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..... hanks.
Discussion Forum - Knowledge Sharing .....

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