TaxTMI 
TaxTMI 
Dear Sir,
Pl let us know whether we can use Cenvat Credit of AED (TTA) for payment of Basic Excise Duty
Utilization of Cenvat Credit of AED TTA
19 Jan 2013 
1 Reply 
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Cenvat credit use for basic excise duty governed by proviso to CENVAT Credit Rules; check applicable conditions.
Permissibility of using Cenvat credit of AED (TTA) for payment of Basic Excise Duty is governed by the proviso to Rule 4 of the CENVAT Credit Rules, 2004; compliance with the conditions and limitations in that proviso determines whether such utilization is allowed. (AI Summary)
Permissibility of using Cenvat credit of AED (TTA) for payment of Basic Excise Duty is governed by the proviso to Rule 4 of the CENVAT Credit Rules, 2004; compliance with the conditions and limitations in that proviso determines whether such utilization is allowed. (AI Summary)