Query
This query is : Resolved
25 January 2011
Respected Sir,
A Mauuf.Prop Has (Imported)Purchasesd CNC machine.As refered to Bill of Entry there are certain Taxex like Custom Duty,Excise Duty and Add.Duty on Import.The Propritor takes benefit of Excise against Service Tax Payable Liability.
Please Say CVD means Excise Duty is it Right please say
Please Say what type of Duty is Additional Duty on Import.Is it Custom Duty or Excise Duty
Please Reply
Thanks & Regards
A Mauuf.Prop Has (Imported)Purchasesd CNC machine.As refered to Bill of Entry there are certain Taxex like Custom Duty,Excise Duty and Add.Duty on Import.The Propritor takes benefit of Excise against Service Tax Payable Liability.
Please Say CVD means Excise Duty is it Right please say
Please Say what type of Duty is Additional Duty on Import.Is it Custom Duty or Excise Duty
Please Reply
Thanks & Regards
25 January 2011
CVD means excise duty, you can take input credit of CVD.
27 January 2011
the propritor takes benefit of Excise duty (CVD)against service tax Payable.
Please say can he get benefit of Additionl duty on import against service Tax Liablity
Can he take benefit of custom duty against service tax
OR Additional Duty,CVD,Custom Duty Capitalized.
Please Reply
Please say can he get benefit of Additionl duty on import against service Tax Liablity
Can he take benefit of custom duty against service tax
OR Additional Duty,CVD,Custom Duty Capitalized.
Please Reply
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