availing of credit
This query is : Resolved
08 September 2008
A Partnership firm is engaged in the business of Audio Video Integration of Slide -Projectors, importing them from abroad.Can they avail Customs Duty as a Credit in Service Tax Payments?
12 September 2008
They can take if at all it is using in final taxable service and the credit can be taken only on portion of CVD ( Countervailing Duty) and not the any other custom duty.
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