I am a manufacturers of auto part and i am a importers of Raw material like CBN , Bonding material. i received a of bill of entry on which no education cess & H.ed cess on cvd has been charged.
Kindly tell me how i can avail cencat credit in central excise.
31 July 2012
The following type of heads are eligible for cenvat credit i.e Bill of entry (specific heads)and central excise inputs. Please go through the list.
(a) Duty of excise specified in the First Schedule to Central Excise Tariff Act, 1985, leviable under Central Excise Act, 1944; (b) Duty of excise specified in the second schedule to Central Excise Tariff Act, 1985, leviable under Central Excise Act, 1944; (c) Additional duty of excise leviable under Section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978; (d) Additional duty of excise leviable under Section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957; (e) National calamity contingent duty leviable under Section 136 of the Finance Act, 2001; (f) Education cess (EC) on excisable goods leviable under Section 91 read with Section 93 of the Finance (No. 2) Act, 2004; (g) Secondary higher education cess (SHEC) on excisable goods leviable under Section 136 read with Section 138 of the Finance Act, 2007; (h) Additional duty leviable under section 3 of the Customs Tariff Act, equivalent to the duty of excise specified under Clauses (a) to (g) above; (i) Additional duty of excise leviable under Section 3(5) of the Customs Tariff Act;
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