Credit of Counter vailing Duty and SAD

This query is : Resolved 

16 March 2008 Can one take credit of counter vailing duty /Special Additional Duty paid on inputs

19 March 2008 NO ONLY ADDITIONAL CUSTOM DUTY YOU CAN CLAIM AS INPUT CREDIT.

20 March 2008 Credit is available for CVD and SAD both alonwith education cess and she cess on cvd, if the imported item is either input/capital goods and used in manufacturing of excisable final product or used for providing taxable services.

CVD is nothing but is a duty of excise levied on the products mfd. in India and SAD is VAT.

Myself is available on arbindaggarwal@yahoo.com




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