availing of credit

This query is : Resolved 

08 September 2008 A Partnership firm is engaged in the business of Audio Video Integration of Slide -Projectors, importing them from abroad.Can they avail Customs Duty as a Credit in Service Tax Payments?

08 September 2008 yes ,they can.

12 September 2008 They can take if at all it is using in final taxable service and the credit can be taken only on portion of CVD ( Countervailing Duty) and not the any other custom duty.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries