TaxTMI 
TaxTMI 
Cenvat Credit against rejected imported packing material.
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....envat Credit against rejected imported packing material.<br> Query (Issue) Started By: - Samik Chaudhuri Dated:- 29-11-2014 Last Reply Date:- 29-11-2014 Central Excise<br>Got 1 Reply<br>Central Excise....
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....<br>I would like to know can we take cenvat credit (CVD +Import Duty)against rejected imported packing material? We are not interested to send back the material. Please confirm me. With thanks Samik....
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.... Chaudhuri Reply By Rajagopalan Ranganathan: The Reply: My dear Chaudhuri, Credit of CVD and SAD paid on imported materials can be availed only when the same are received in your factory and used....
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.... in or in relation to manufacture of dutiable final products. I you are rejecting the same prior to receiving into your factory then credit cannot be availed by you. If the same is rejected due to qua....
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....lity etc., after receipt into your factory and credit is already taken, then you have to reverse the credit taken if the rejected material is not chargeable to duty under Central Excise Tariff Act, 19....
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....85 or if it is dutiable then the credit can be utilized for payment of duty on the rejected material. But there is a rider. the department will require you to reverse the credit on the ground that the....
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.... credit availed is more than the duty paid on the imported goods. Atleast they will ask you to pay back the difference between the credit taken and duty paid on the rejected material.<br> Discussion F....
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