CVD & SPL.CVD paid on capital goods

This query is : Resolved

Nirmal (Querist)
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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

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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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.

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