credit of AED_TTA for Payment of BED, Central Excise

[Himanshu Gupta]

My client is using his AED_TTA cenvat credit for payment of BED. I have gone through much information but could not get the clear ans. As per my understanding it is not allowed. so please tell me whether there is any condition under which such CC can be used in above mentioned manner.

Posts / Replies

[CS SANJAY MALHOTRA]

CENVAT of AED (TTA) can't be used for payment of BED as per the restrictive clause provided in Rule 3(7)(b) of CCR 2004. CENVAT of AED(TTA) is to be used against the payment of AED(TTA) only.

[Ganeshan Kalyani]

I agree with the views submitted by Sri Sanjay Sir. Thanks.