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adjustment of CVD against ST

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25 March 2010 Hi

Is there any option for construction companies to adjust CVD of Customs duty against Service tax payable. Plese provide me the clear information regarding this.

30 March 2010 If the company is taking rebate in value, it is not possible. If no rebate is taken in value, credit of CVD is available.

31 March 2010 Dear Mr Rajesh Kumar

Thank you for your reply to my query and my another doubt is "What is the time limit for utilisation of CVD Credit against Service Tax?". Is it 2 years @50% each year, Please reply.




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