Utilization of Cenvat Credit of AED TTA

[deepak kalambate]

Dear Sir,

Pl let us know whether we can use Cenvat Credit of AED (TTA) for payment of Basic Excise Duty

 

[YAGAY andSUN]

kindly refer 5th provisio to Rule 4 of the CENVAT credit Rules, 2004 in this regard.

AI Summary

Can Cenvat Credit of AED (TTA) Be Used to Pay Basic Excise Duty? Consult Rule 4, 5th Proviso. A query was raised regarding the possibility of using Cenvat Credit of AED (TTA) for paying Basic Excise Duty. The response directed the inquirer to consult the 5th proviso to Rule 4 of the CENVAT Credit Rules, 2004 for guidance on this matter.