Cenvat input - reg.,

This query is : Resolved

S RAMESH KUMAR (Querist)
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07 October 2014 Dear Experts,

Please clarify this,

Capital Goods Value - 39970
BCD - 3997
CVD - 4432
Edu Cess - 169
Shu Edu Cess - 84
Addl Duty - 1946

Cenvat Claim = BCD+CVD+E Cess+S E Cess
= 8682
1/2 1st year = 4341

Or

Cenvat Claim = BCD+CVD+E Cess+S E Cess+ Addl Duty

= 10628
1/2 1st year = 5314

Regards

S Rameshkumar

Annu Agarwal

Annu Agarwal (Expert)
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07 October 2014 Sir as per the Rule 3 of CCR,2004 credit of only following duties is available:
1.CVD=4432
2.SAD=1946

50% credit shall be available this year and rest 50% in next year.

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S RAMESH KUMAR

S RAMESH KUMAR (Querist)
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07 October 2014 Addl Duty is not allowable for service tax output under CCR 2004 - rule 3, please clarify this.

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Annu Agarwal

Annu Agarwal (Expert)
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07 October 2014 The credit of SAD i.e the additional duty levied under section 3(5) of custom Tariff Act is only available to manufacturer and not to output service provider.