Dear Sir,
I have imported a product 'A' which is exempted from CVD. The final product to be derived from 'B' is also exempted from CVD.
However, while assessment I have paid CVD also along with basic duty by mistake. My query is can I avail this Cenvat credit? Please clarify along with case laws, if any.
With regards,
Clarification Sought on Availing Cenvat Credit for Mistaken CVD Payments on Exempt Products; Answer Found Within Inquiry. A user inquired about the possibility of availing Cenvat credit after mistakenly paying Countervailing Duty (CVD) on an imported product 'A' and a final product derived from 'B', both of which are exempt from CVD. The user sought clarification and relevant case laws. The response indicated that the answer to the query was already provided within the original question itself. (AI Summary)