We have received goods from manufacturing excisable unit in which they have charged (2+1)% cess on agreegate Custom duty. Could you advice about cenvat of above cess.
Cenvat credit of cess
Ritesh Mohan Jindal
Eligibility to Claim Cenvat Credit on Cess Charged on Customs Duty Clarified; Credit Permissible on CVD Portion A query was raised regarding the eligibility to claim Cenvat credit on a cess of (2+1)% charged on the aggregate customs duty for goods received from a manufacturing excisable unit. The response clarified that it is permissible to avail credit for the cess calculated on the Countervailing Duty (CVD) portion of the customs duty. (AI Summary)