Hi all,
What is the relation between Service tax, Excise Duty and Custom duty paid? Can we claim custom duty paid as a service tax credit?
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Custom and Service Tax
Replies (5)
CVD portion of custom duty can be taken as cenvat credit.
Hi Shyam Lal Naik
Can i know what is that CVD Portion.
CVD stands for Counter Veiling Duty
Apart from Counter Vailing duty ( CVD ), Addiitional Custom duty ( ACD )/ Special additional duty ( SAD ) paid by manufacturer on import of goods ( including inputs & Capital goods )are eligible for Cenvat Gredit.
Thank you sir...
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