AED AND SAD

[HITENDRA DAVE]

DEAR SIR

I AM UNABLE TO FIND OUT EXACT DATE AND NOTIFICATION FOR  APPLICABLITY OF CENVAT AGAINST 4% SAD / AED  PAID ON IMPORT OF MATERIAL

I AM VERY OBLIDGE IF YOU CAN GIVE THE ABOVE INFORMATION

 

WITH REGARDS

HITENDRA  DAVE

 

AI Summary

Clarification on CENVAT Credit Applicability for 4% SAD and AED Under Rule 3, Cenvat Credit Rules 2004, Effective March 1, 2005. A participant inquired about the specific date and notification related to the applicability of CENVAT credit for 4% Special Additional Duty (SAD) and Additional Excise Duty (AED) paid on imported materials. In response, another member clarified that Rule 3 of the Cenvat Credit Rules, 2004, allows these duties to be taken as credit, specifically referring to clauses (vii) and (viia), with clause (viia) being effective from March 1, 2005.