cvd of vat

gauri agrawal (self employed) (223 Points)

04 July 2017  
a service provider has purchased capital good as defined under cenvat rules.as per the rule the service provider can claim input tax credit of cvd of excise.the assessee is a large tax payer.whether entire credit ofcvd of excise will be allowed in the year of purchase
or it will be restricted to 50%.