Cenvat credit on imported inputs

This query is : Resolved

CA Sanjay Baheti (Querist)
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22 April 2013 My client engaged in Manufacturing activities & also covered in Excise.He purchases imported inputs being used for manufacturing of Finished Excisable Product.He paid the following duties at custom destination as
-Basic Custom Duty
- Additional Custom Duty
-Countervailing Duty

Now query is whether he is entitled for cenvat Credit for all such Duty amount as mentioned above or not.Please confirm.

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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22 April 2013 You can take cenvat credit on

- Additional customs duty(Special CVD of 4%)
-CVD (Equal to Excise duty)

No credit can be taken for basic customs duty.