custom duty credit

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NIKUNJ (Querist)
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20 September 2016 I have purchased imported machine on which 1000 has been paid as BCD 500 as cvd and 250 as special cvd. so what is the treatment of special cvd to take cenvat credit availabilment

Bharath

Bharath (Expert)
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21 September 2016 Eligible Cenvat Credit [Rule 3(1) of Cenvat Credit Rules]

¨ Excise duty paid on input goods, service tax paid on input services and excise duty paid on capital goods

¨ CVD (in case of imports which is equal to excise duty)

¨ Special CVD (4%) on imports – credit only to manufacturers

In short, credit of SAD can be utilized for payment of excise duty but not for paying service tax.

NIKUNJ

NIKUNJ (Querist)
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23 October 2016 in case of the service provider is importing the special accounting software from Canada on which the client has paid counter valling duty on that software so the service provider is eligible for cenvat credit of cvd?

NIKUNJ

NIKUNJ (Querist)
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01 November 2016 in case of the service provider is importing the special accounting software from Canada on which the client has paid counter valling duty on that software so the service provider is eligible for cenvat credit of cvd?

Bharath

Bharath (Expert)
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01 November 2016 Hi,
I am not able to get your question. Can you explain with some example..