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Cvd 3(5) credit

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(Querist)
10 March 2016 why the provider of service is not getting credit of cvd3(5)?please provide the logic??
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Nilesh

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Nilesh (Expert)
11 March 2016 Since ACD /SACD 3(5) is levied in lieu of VAT and VAT credit is not available to service provider and hence the credit of ACD /SACD is not avaible

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