CENVAT credit on Fly ash

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CENVAT credit on Fly ash
Query (Issue) Started By: - Arunachalam siva Dated:- 7-2-2017 Last Reply Date:- 25-5-2017 Central Excise
Got 5 Replies
Central Excise
sir, One of my fly ash supplier supplies Fly ash @ ED 2% as that supplier do not avail credit on Coal. Can i avail CENVAT credit of ED paid for Fly ash?. Reply By KASTURI SETHI: The Reply: In my view restriction is on the sup .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... plier who pays concessional rate of duty and not on the purchaser. Reply By Rajagopalan Ranganathan: The Reply: Sir, If the supplier issues a valid invoice certifying payment of duty on fly ash you are eligible to take credit of such duty paid. Reply By YAGAY AND SUN: The Reply: You can avail the CENVAT credit on Fly Ash provided on finished goods you must be paying Central Excise Duty. We e .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndorse the views of the Experts and for details/better understanding please check Notification No. 01/2011-C.E. dated 01-03-2011 which enumerates that provided that nothing contained in this notification shall apply to the goods in respect of which credit of duty on input or tax on input services has been taken under the provision of the CENVAT Credit Rules, 2004 Reply By khushboo mehta: The Repl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y: central excise notification no 1/2011,16/2012, 3/2011 point no. 3(rule 3 ) please go through above notifiations Ed @ 2% cannot be availed. Reply By Rajagopalan Ranganathan: The Reply: Sir, As per Notification No. 1/2011-CE the goods which are liable to duty @2% will be treated as exempted goods for the purpose of availing credit of duty paid on the inputs and input service utilized for th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e manufacture of the said goods. There is no bar to avail the 2% duty paid under Notification No. 1/2011-CE as credit under Cenvat Credit Rules, 2004.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X