Cenvat Credit of Capital Goods of AED for Non SSI unit

[Jayesh Shah]

Dear Sir,

We hv imported a Machine in which AED 4 percent is applicable, so pls reply can take full credit of AED of only 50 percent credit is available. Pls note that we are a Non SSI Unit (our turnover greater than Rs.4.0 crore)

​regards

ashish parmar

[YAGAY andSUN]

Dear Jayesh/Ashish

You may avail 100 percent CENVAT credit of AED.

Regards,

Team YAGAY & SUN

(Indirect Tax Consultants)

[Mahir S]

Yes, you can avail full cenvat credit of the total CVD duty as well the AED, as per the B/E.

AI Summary

Non-SSI Unit Eligible for 100% CENVAT Credit on AED for Imported Machine, Confirms Indirect Tax Consultants A non-SSI unit with a turnover exceeding Rs. 4 crore inquired about the eligibility to claim full CENVAT credit on AED for an imported machine, where AED is applicable at 4 percent. Two responses confirmed that the unit can avail 100 percent CENVAT credit of AED. Indirect tax consultants and another respondent both affirmed the ability to claim full credit, including the total CVD duty and AED, as per the bill of entry.