Cenvat credit on cvd paid @2% on imports of sth africa coal

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2014 Sir,

Plz let me know whether we can take cenvat credit on 2% CVD paid on imports of South African Coal. We are Sponge Iron mfg. industry.

29 August 2014 Actually edu. cess and hs. cess is not applicable on inported goods from 2012. you can only take the cenvat credit of CVD and SAD.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2014 Sir,

Normally,when the ED paid is 6% on coal, we can claim Cenvat credit and when it is 2%, we can't claim credit.
Here, since the CVD is 2%, can we claim credit.
Plz elaborate with relevant rules.




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