Dear sir,
we received raw Material in our Factory in August 2010.Excise Duty, Edu,Cess & Sec.Cess already taken in Aug,10
but, CVD also there in that Invoice, our Cleark is Not Taken CVD that Period,
Presently can we take that CVD as Cenvat Credit (Last Year Invoice)
Please Reply & Advise me,
Thanking You,
V.Laxmaiah.
Eligibility to Claim CENVAT Credit on Additional CVD from 2010 Confirmed; No Strict Time Limit Enforced A query was raised regarding the eligibility to claim CENVAT credit on Additional Countervailing Duty (CVD) from a prior invoice dated August 2010, which was initially overlooked. Multiple responses confirmed that the credit could still be claimed under the Cenvat Credit Rules, with no strict time limit enforced. One respondent suggested notifying the relevant Range Office as a precaution, though it is not legally required. Another pointed out a potential misunderstanding between excise duty and CVD on the same invoice, noting that excise duty applies to domestic goods while CVD applies to imports. (AI Summary)
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