Procedure of claiming cvd credit.
This query is : Resolved
16 July 2012
Hi Sir,
One of my client is going to start a BPO and for this purpose they are importing some computer eqipments from overseas on which CVD will be paid, after getting these equipments in india they will start providing services to clients.
My question is that as per cenvat rules can we take credit of this CVD against service tax liablity, and if yes what is the procedure/documentation of claiming this credit?
Kindly suggest me the correct way to do this.
Thanks
Lalit Gupta
One of my client is going to start a BPO and for this purpose they are importing some computer eqipments from overseas on which CVD will be paid, after getting these equipments in india they will start providing services to clients.
My question is that as per cenvat rules can we take credit of this CVD against service tax liablity, and if yes what is the procedure/documentation of claiming this credit?
Kindly suggest me the correct way to do this.
Thanks
Lalit Gupta
RAMESH KUMAR VERMA
(Expert)
18 July 2012
in this matter please go to the article wrote by Madhukar ji:
https://www.caclubindia.com/articles/cenvat-credit-under-service-tax-2335.asp#.UAZ2vZE-1tg
https://www.caclubindia.com/articles/cenvat-credit-under-service-tax-2335.asp#.UAZ2vZE-1tg
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
