CENVAT credit on Fly ash

[Arunachalam siva]

sir,

One of my fly ash supplier supplies Fly ash @ ED 2% as that supplier do not avail credit on Coal. Can i avail CENVAT credit of ED paid for Fly ash?.

AI Summary

Can CENVAT Credit Be Claimed on Fly Ash with 2% Excise Duty? Debate Cites Notification No. 01/2011-C.E. A discussion on a forum addresses whether CENVAT credit can be availed on fly ash supplied at a 2% excise duty rate. One participant states the restriction applies to the supplier, not the purchaser. Another advises that if the supplier provides a valid invoice, the purchaser can claim credit. A third contributor agrees, referencing Notification No. 01/2011-C.E., which allows credit if Central Excise Duty is paid on finished goods. However, another participant cautions that excise duty at 2% cannot be availed, citing specific notifications. The final reply clarifies that goods taxed at 2% are considered exempt for credit purposes.