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Cenvat

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(Querist)
08 March 2012 . CAN OUTPUT SERVICE PROVIDER TAKE CENVAT CREDIT ON PAYMENT OF BASIC CUSTOM DUTY ON
IMPORTED GOODS .
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CA Nikhil Jhanwar

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CA Nikhil Jhanwar (Expert)
08 March 2012 No credit of basic customs duty is available to service provider as well as even to manufacturer of goods. Only credit in respect of additional duty of customs U/s 3(1) equivalent to excise is available.

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