Cenvatt credit of additional custom duty

[hiren kumar Sheth]

A Ltd is regd.Excise dealer and A Limited import certain goods and custom duty and additional custom duty have been paid through DEPB License.At time of sale of these goods,whether may it pass on cenvat credit of additional custom duty to the buyer of these goods.

[Surender Gupta]

Yes, importer can pass on the additional customs duty paid through DEPB to the buyer.

AI Summary

Cenvat credit of additional customs duty transferable when paid through DEPB, permitting pass-through to buyer. Where additional customs duty is discharged through a DEPB license, the importer may pass on the additional customs duty paid through DEPB to the buyer, reflecting transferability of the cenvat benefit when paid under the DEPB scheme.