R&D Cess on Import of Technical Knowhow

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Priyank (Querist)
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08 February 2011 Dear sir,

Our company is importing technical know-how from Germany.
1. Do the company need to pay R&D Cess @ 5% on import of technical know-how? Are there any exemptions from this levy?
2. As per my understanding Cenvat credit of Service tax paid (@ 5.30%) can be taken. But is it anyway possible to take Cenvat credit / Refund of the R & D Cess paid? Please provide procedure to claim the same.

Priyank

Priyank (Querist)
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08 February 2011 Please provide R & D Cess Rules copy, if possible

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