Cenvat Credit if CVD paid through FMS

[sukhvinder singh]

Dear Sir ,

Please Clear , we have paid the custome duty i.e. BCD, CVD &SAD  at the time of import  from the FMS( Focus Market Scheme ) script  . Can we avail the cenvat credit , please provide the circular or notification related to the same .

[Snehal Kulkarni]

 

 

May please refer the Notification No.93/2009-Cus dated 11-Sep-2009.

 

 

AI Summary

Eligibility for Cenvat Credit on Customs Duties Paid with FMS Script Clarified in Notification No. 93/2009-Cus. A query was raised regarding the eligibility to avail Cenvat credit when customs duties, including Basic Customs Duty (BCD), Countervailing Duty (CVD), and Special Additional Duty (SAD), are paid using the Focus Market Scheme (FMS) script during import. The respondent directed the inquirer to refer to Notification No. 93/2009-Cus dated September 11, 2009, for guidance on the matter.