Credit of Counter vailing Duty and SAD
This query is : Resolved
16 March 2008
Can one take credit of counter vailing duty /Special Additional Duty paid on inputs
19 March 2008
NO ONLY ADDITIONAL CUSTOM DUTY YOU CAN CLAIM AS INPUT CREDIT.
20 March 2008
Credit is available for CVD and SAD both alonwith education cess and she cess on cvd, if the imported item is either input/capital goods and used in manufacturing of excisable final product or used for providing taxable services.
CVD is nothing but is a duty of excise levied on the products mfd. in India and SAD is VAT.
Myself is available on arbindaggarwal@yahoo.com
CVD is nothing but is a duty of excise levied on the products mfd. in India and SAD is VAT.
Myself is available on arbindaggarwal@yahoo.com
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