Dear All,
Greetings. I am working at Kraft Paper manufacturing unit. We import paper machinery parts and paid Customs duty along with BCD + CVD+ customs edu cess and sh.ed.cess. I want to now cenvat credit availed CVD + customs edu cess and sh.ed.cess or only for CVD ?
Kindly help me in this regard.
Regards
M.RamKumar
Dispute Over Cenvat Credit Eligibility for Customs Duty Components: Confusion on Education Cess Application on CVD and BCD. An individual from a paper manufacturing unit inquired about availing Cenvat credit for Customs duty components, specifically CVD and education cess. A respondent clarified that according to Notifications No. 13/2012-Customs and 14/2012-Customs, education cess is exempt on CVD but applies to Basic Customs Duty (BCD), which is not eligible for Cenvat credit. Another participant pointed out an error in the notification dates and mentioned that education cess applies to both BCD and CVD. The discussion highlighted discrepancies in understanding the application of education cess on imported machinery parts. (AI Summary)
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