Myself is Nilesh chavan, I would like to know about follwing my query
1. Our company want to import AC Machine from foreign company & our registraton of service tax under survey & exploration services. If we purchase said AC Machine from foreign company for our office purpose, shall i get credit on custom duty paid.
2. If we utilised credit on cvd of any imported capital goods, and then if we sell the said equipement due to non utilisation, shall we reversed the cenvat credit taken of cvd or not ?
from Nilesh Chavan
CAclubindia
