Cenvat credit on 5%/1% exicise duty on Fly ash, Central Excise

[Gourav Arora]

Experts .

Can We take cenvat credit of excise duty paid on purchase of fly ash used in manufacturing of cement,.

Regards

Posts / Replies

[Pradeep Khatri]

Now it is 2%.

[Gourav Arora]

2% is Ok sir...but wht about cenvat credit on Fly ash?

[Pradeep Khatri]

If you pay duty @ 2%, then, you can't avail the CENVAT credit, and if you opt for 6% duty on fly ash, then, you may avail the CENVAT credit on it.

[Gourav Arora]

Thanks Sir for your valueable comment....

Sir can u pls provide me the notification no for 6% excsie duty on fly ash under which cenvat credit can be taken.

[Pradeep Khatri]

Please check Notification No. 16/2012-CE and 19/2012-CE read with 01/2011-CE and 02/2011-CE in the regard.