CVD & SPL.CVD paid on capital goods
This query is : Resolved
02 February 2009
Dear Experts
Let me have your opinion on the cvd and Spl.cvd paid by us on our imported capital goods can be cenvatable under service tax or not. As we are providing service only and not involved in any manufacturing activities.
Regards
Let me have your opinion on the cvd and Spl.cvd paid by us on our imported capital goods can be cenvatable under service tax or not. As we are providing service only and not involved in any manufacturing activities.
Regards
02 February 2009
You can set off central excise duty, customs duty, service tax which falls under the category of indirect taxes of central government.
However you should verify that the capital goods you have imported has been utilised for providing the service where you want to set off.
However you should verify that the capital goods you have imported has been utilised for providing the service where you want to set off.
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