Cenvat Credit SAD 4%

[Sanju Sharma]

Dear Sir,

Manufuacture is eligible to take Cenvte Credit of SAD 4% on import of goods in FY 2016-17

If yes, please share notification, because I have give it to my CA,

Regards

Sanju Sharma

AI Summary

Manufacturers Can Claim CENVAT Credit on 4% Special Additional Duty for Imported Goods, Confirms Rule 3(viia) CENVAT Rules. A query was raised regarding the eligibility of a manufacturer to claim CENVAT Credit on Special Additional Duty (SAD) of 4% for imported goods in the fiscal year 2016-17. The responses confirmed that under rule 3(viia) of the CENVAT Credit Rules, 2004, manufacturers are allowed to take credit for the additional duty under section 3(5) of the Customs Tariff Act. All respondents agreed that the credit is indeed eligible, supporting the manufacturer's claim to CENVAT Credit for SAD.