TaxTMI 
TaxTMI 
Dear Sir
How can I treat in books of account when found a invoice with (value+ED/CVD Value+Ed Cess Value+H. Sec. ED. Cess+ADD CVD in case of manufacturing company purchasing capital goods.
Plz suggest me.
Whether ADD CVD be taken as CENVAT
28 Jan 2011 
2 Replies 
1633 Views Asked by
Cenvat credit for CVD is available to manufacturers on inputs and capital goods, with differing treatment for cesses.
Whether Additional Duty of Customs (CVD) qualifies for Cenvat credit on invoices for capital goods and inputs: one practitioner asserts manufacturers may claim Cenvat credit of CVD and SAD when goods are used as inputs or capital goods; another advises that credit on CVD and excise cesses may be partially available while SAD is available in full in the initial accounting period. (AI Summary)
Whether Additional Duty of Customs (CVD) qualifies for Cenvat credit on invoices for capital goods and inputs: one practitioner asserts manufacturers may claim Cenvat credit of CVD and SAD when goods are used as inputs or capital goods; another advises that credit on CVD and excise cesses may be partially available while SAD is available in full in the initial accounting period. (AI Summary)