Payment of CVD and ADDL . Duty

[chaganti srinivas]

CVD & ADDL.DUTY PAID THRU DEPB CREDIT ELGIBLE FOR TAKING CENAT CREDIT?

[Ravi Chopra]

Yes, you can avail the CVD and add. duty paid through depb credit as cenvat credit. Condition no. (vi) of the Notification No. 89/05-Cus., dated 4.10.2005 allows this benefit - https://www.taxtmi.com/notifications?id=3039

[Mukesh Kumar]

Yes u can take the credit. views expressed by Mr. Ravi Chopra appears to be correct.

[GANAPATHY RAJENDRAN]

yes your r eligible to avail both credit

AI Summary

Eligibility of Countervailing Duty and Additional Duty Paid via DEPB Credit for CENVAT Credit Confirmed by Notification No. 89/05-Cus. A discussion on a forum addressed whether Countervailing Duty (CVD) and Additional Duty paid through Duty Entitlement Pass Book (DEPB) credit are eligible for CENVAT credit. Three contributors confirmed eligibility, referencing Notification No. 89/05-Cus., dated October 4, 2005, which supports this claim. The consensus among the participants was that such credits can indeed be availed, aligning with the views expressed by one of the contributors who cited the relevant notification.