banner_ad

Cenvat credit for custom duty

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 October 2010 We want to import construction equipment on which we have to deposit custom duty. Now the question is custom duty paid on import of capital goods adjustable with service tax as we have to pay service tax.
Profile Image

CA Shailesh Kumar Bhagat

Profile Image

CA Shailesh Kumar Bhagat (Expert)
23 October 2010 Input credit for custom duty is not available, however you will get credit of excise part.
Profile Image

Madhukar N Hiregange

Profile Image

Madhukar N Hiregange (Expert)
24 October 2010 Customs duty normally consists of customs duty [ normal rate 10%] addtional duty of cusotms equal to excise duty [ also 105 called CVD at times] and special addtional duty of cusotms [ 4%]
In these for the manufacturer ADC +SAD i.e. 10 + 4 is available
For service providers 10% would be available.
Capital goods shouldbe eligible and also used for manufacture/ service subjected to duty.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details