FOREING COMPANY

Dear all,

I am helping and indo-spanish company and they have ask me a question related with taxes that i simply don´t know.

They are going to buy some equipment here in India to install to a indian company, and they are charge with "Excise Duty" and "CST". They, and also i, want to know if it´s possible for them to recover the taxes that are going to pay.

I think that in Spain it is possible to recover as CST is a kind of VAT, isn´t it? As you can see, taxes are not my strong point

Thanks very much for your help.

Replies (1)

 Dear Ruben,

 

The excise duty paid on goods will be availabel as cenvat credit if the company where the goods are installed is a manufacturer or a service provider. However, credit of CST will not be available in any scenario.

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