Input credit on export

Dear Experts,

We are manufacturer of excisable product. We are importing major part of the raw material from outside India after paying custom duty on it. We are taking credit of the said custom duty and service tax paid on related port services.

Out of the total goods manufactures around 40% are exported without payment of duty (under Letter of Undertaking & filing of ARE-1) .


Our query is :-

 


1. Can we take full credit of the above mentioned custom duty and service tax on port services at the time of import.

2. Can we take credit of service tax paid on port services at the time of export


Regards,


Replies (1)

Full credit of  CVD ,  Addtional duty  and service tax on port service is admissible . Service tax on port service for export is only to be refunded.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details