I AM IMPORT FOR INGOT , BUT CVD EDU & SEC & HIGHER EDU DUTY NIL, CUSTOMS EDU & SEC &HIGHER EDU DUTY IS CALCULATION, CAN I CUSTOMES EDU & SEC HIGH EDU DUTY TAKEN CREDIT
2 Replies
satya
(Executive Excise)
(1839 Points)
Replied 16 October 2012
Customs duties are not eligible to take as Cenvat Credit (Edu & SH Cess also) as per CCR2004.
only the CVD and 4% SAD are eligible for Cenvat Credit from 17-Mar-2012 onwards. (Edu Cess & SH Cess on CVD waived from this year budget)
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