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Credit of paper cess

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(Querist)
24 September 2012 can the credit of Paper cess(0.125%) be availed?
also can the credit of cess(3%)on paper cess(0.125%) be availed???

PLEASE REPLY ASAP. ITS VERY URGENT...

THANK YOU IN ADVANCE.
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U S Sharma

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U S Sharma (Expert)
24 September 2012 No
only excise duty (BED), edu cess on BED, and S&GS Edu Cess on BED is eligible for cenvat.
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tanya shah

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tanya shah (Querist)
25 September 2012 Thank u so much Expert Sharma. can u tell me the notification or circular which says this. i am searching for it since long...
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U S Sharma

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U S Sharma (Expert)
25 September 2012 http://www.cbec.gov.in/excise/cxrules/new-cenvat-rules.htm


read rule 3 of above link
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tanya shah

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tanya shah (Querist)
25 September 2012 thanks a lot again....

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