TaxTMI 
TaxTMI 
what will be cenvat credit on goods cleared from 100% Eou/STP/EPZ before 9.9.09.pl provide details ofBED,E.Cess.,H.E.Cess separately
Cenvat credit on goods cleared
11 Sep 2009 
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Cenvat credit entitlement on supplies from export-oriented units affirmed, including education and higher education cess credit for DTA buyers.
Cenvat credit on goods cleared by export-oriented units for sale into the domestic tariff area was governed by pre-amendment provisions of the Cenvat Credit Rules allowing purchaser entitlement under the sale condition in the governing notification. Tribunal decisions under the pre-amendment regime held that education cess and higher education cess were available in full as cenvat credit to the DTA buyer, and commentators concluded that the purchaser could claim those cesses even before the subsequent regulatory amendment. (AI Summary)
Cenvat credit on goods cleared by export-oriented units for sale into the domestic tariff area was governed by pre-amendment provisions of the Cenvat Credit Rules allowing purchaser entitlement under the sale condition in the governing notification. Tribunal decisions under the pre-amendment regime held that education cess and higher education cess were available in full as cenvat credit to the DTA buyer, and commentators concluded that the purchaser could claim those cesses even before the subsequent regulatory amendment. (AI Summary)