We are a service provider & traders. I have purchase a machine for re-sale from import. can we utilize the cvd and addtional duty against service tax payable. what we charges the cvd and additional duty in the invoice at the time of sale of machinery to customer.
Rcm? How much cenvat credit(input services) against excise duty payment ? Is there is any % in diffrrent type of input services or it would be 100% like goods inputs used in production. M not a service provider and not filling st3
in your example in case if goods are purchase for manufacturing & trding both purpose then cevat credit is availble only related to the manufactured goods n not of trading goods...