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TMI BlogEligibilit of cenvat creditX X X X Extracts X X X X X X X X Extracts X X X X ..... For imported inputs we are paying CVD SAD etc. under incentive scrips i.e. FMS/FPS/MLFPS. Whether these duties are eligible for cenvat credit? Please clarify with cases laws, if any. These scrips are issued under Chapter - III of Foreign Trade Policy. A.Manoharan - Reply By CS SANJAY MALHOTRA - The Reply = Dear Manoharan, Duty (CVD SAD) paid from Duty Credit Scrips are eligible for C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ENVAT Credit. Please refer Central Excise Notifications No. 29/2012 30/2012 dated 09.07.2012 (Clause 2j) Hope above clarifies your concern. - Reply By BHIMIREDDY NAGARAMI REDDY - The Reply = You are eligible for credit as per as per condition vi of the Customs Notifications No. 92/2009(FPS) and 93/2009(FMS) . However, if you are a service provider, you are not allowed 4% CVD under l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... evied Section 3(5) of the Customs Tariff Act.. If the goods are sourced indigenously, but not imported, cenvat credit is eligible as per Central Excise Notifications as rightly mentioned by Shri Sanjay Malhotraji. - Reply By CS SANJAY MALHOTRA - The Reply = Dear Mr.Manoharan, Additions made by Mr. Reddy is correct in response to my submissions which pertains to domestic supplies only. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thanks Mr. Reddy. - Eligibilit of cenvat credit - Query Started By: - MANOHARAN ARUMUGAM Dated:- 2-6-2015 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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