Service tax
This query is : Resolved
Ch.Siva Nageswara Rao
(Querist)
10 February 2017
Good Morning Dear Experts
Our Company is a pvt Ltd Company, We are Services Provider (Scientific& Consultancy services ) we have already service tax Registration . We are imports Ram Material For Analytical Testing purpose. We are paying Customs Duty on import purchases.
My query is we utilize the customs duty (on imports) in service tax payable a/c .
Please Clarify My doubt
Thanks & Regards
Siva
Our Company is a pvt Ltd Company, We are Services Provider (Scientific& Consultancy services ) we have already service tax Registration . We are imports Ram Material For Analytical Testing purpose. We are paying Customs Duty on import purchases.
My query is we utilize the customs duty (on imports) in service tax payable a/c .
Please Clarify My doubt
Thanks & Regards
Siva
CA R SEETHARAMAN
(Expert)
10 February 2017
Yes cenvat credit can be availed on CVD payment only(not on basic customs duty and SAD).
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