Cenvat credit on 5%/1% exicise duty on Fly ash

[Gourav Arora]

Experts .

Can We take cenvat credit of excise duty paid on purchase of fly ash used in manufacturing of cement,.

Regards

[YAGAY andSUN]

Now it is 2%.

[Gourav Arora]

2% is Ok sir...but wht about cenvat credit on Fly ash?

[YAGAY andSUN]

If you pay duty @ 2%, then, you can't avail the CENVAT credit, and if you opt for 6% duty on fly ash, then, you may avail the CENVAT credit on it.

[Gourav Arora]

Thanks Sir for your valueable comment....

Sir can u pls provide me the notification no for 6% excsie duty on fly ash under which cenvat credit can be taken.

[YAGAY andSUN]

Please check Notification No. 16/2012-CE and 19/2012-CE read with 01/2011-CE and 02/2011-CE in the regard.

AI Summary

Eligibility for CENVAT Credit on Fly Ash: 2% Duty No Credit, 6% Duty Credit Allowed; See Notifications. A query was raised regarding the eligibility to claim CENVAT credit on excise duty paid for fly ash used in cement manufacturing. It was clarified that if the excise duty is paid at 2%, CENVAT credit cannot be availed. However, if the duty is paid at 6%, CENVAT credit can be claimed. The discussion included requests for specific notification numbers, with references to Notification Nos. 16/2012-CE, 19/2012-CE, 01/2011-CE, and 02/2011-CE provided for further guidance.