Cvd 3(5) credit
This query is : Resolved
10 March 2016
why the provider of service is not getting credit of cvd3(5)?please provide the logic??
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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