eligibility of taking Cenvat Credit on imported Rawmaterials.

[SARAVANAM Ramasamy]

Sir please clarify the eligibility of taking Cenvat Credit on imported Rawmaterials.

Can we take cenvat credit of Spl AED on imports and Add. Duty on imports,both are having 4% of duty.

[Mahir S]

You can take credit of Addl. Duty on imports having 4 % duty thereon.

AI Summary

Cenvat credit for additional import duty confirmed; importers may claim credit of applicable additional duty.
Question whether Cenvat credit applies to Special Additional Excise Duty and Additional Duty on imported raw materials; the reply affirms that Cenvat credit is available for the Additional Duty on imports charged at the stated rate and does not confirm credit for the Special Additional Excise Duty.