https://www.taxtmi.com/forum/issue?id=962 Whether Cenvat credit attributable to Basic Excise Duty may be applied against Education Cess is contested; one view limits Cenvat credit for Education Cess to Education Cess alone, while an alternative interpretation of the Cenvat Credit Rules holds that the restriction on cross utilisation applies only to certain expressly listed duties and cesses, and therefore Basic Cenvat Duty credit may be used to meet Education Cess where no specific prohibition exists. en-us Wed, 19 Nov 2008 15:16:58 +0530 Thu, 23 Jan 2025 15:58:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=962 Whether Cenvat credit attributable to Basic Excise Duty may be applied against Education Cess is contested; one view limits Cenvat credit for Education Cess to Education Cess alone, while an alternative interpretation of the Cenvat Credit Rules holds that the restriction on cross utilisation applies only to certain expressly listed duties and cesses, and therefore Basic Cenvat Duty credit may be used to meet Education Cess where no specific prohibition exists. Discussion-Forum Central Excise Wed, 19 Nov 2008 15:16:58 +0530 https://www.taxtmi.com/forum/issue?id=962