Whether Cenvat credit of E.Cess & SHE (Bill of Entry) is allowed , Central Excise

[Achyut Kale]

Dear Freinds,

By latest union Budget 2012-13, the patter for calculation of E.Cess and SHE on Bill of entry has been changed. Now, the both E.Cess and SHE are being calculated on BCD + CVD and the term is bening used like Custom Edu. Cess and Custom SHE Cess.

Whether Cenvat credit (proportionate on CVD) of E.Cess and SHE is allowed or otherwise? Pl guide.

Posts / Replies

[Pradeep Khatri]

No, it is not allowed.