TaxTMI 
TaxTMI 
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Can We take cenvat credit of excise duty paid on purchase of fly ash used in manufacturing of cement,.
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Cenvat credit on 5%/1% exicise duty on Fly ash
25 Dec 2012 
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Cenvat credit on excise duty for fly ash depends on chosen duty rate and related notification conditions.
Whether CENVAT credit is available on excise duty paid on fly ash used in cement manufacture depends on the duty rate and applicable notifications: paying duty at the lower concessional rate precludes CENVAT credit, whereas opting to pay duty at the higher rate may permit CENVAT credit; consult Notification No. 16/2012-CE and 19/2012-CE read with Notification No. 01/2011-CE and 02/2011-CE for the controlling provisions. (AI Summary)
Whether CENVAT credit is available on excise duty paid on fly ash used in cement manufacture depends on the duty rate and applicable notifications: paying duty at the lower concessional rate precludes CENVAT credit, whereas opting to pay duty at the higher rate may permit CENVAT credit; consult Notification No. 16/2012-CE and 19/2012-CE read with Notification No. 01/2011-CE and 02/2011-CE for the controlling provisions. (AI Summary)
