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Service tax

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25 May 2012 Dear All,
I am in construction industry and we have import some material which are consumed in residential buildings and in this regards we have paid custom duty on import material can below mention different head custom duty which we have paid adjust against Service tax (Service Category :- "Construction of Residential Complex Services")

Sr. No. Head Custom Duty Rate in %
1 Basic Custom Duty (BCD) 10.00 on invoice value
2 CVD 12.00 on invoice value+BCD
3 Education Cess 2.00 on BCD+CVD
4 Higher Edu. Cess 1.00 on BCD+CVD
5 Addl. Duty 4.00 on invoive value+BCD+CVD+Edu. Cess+Higher Edu. Cess


26 May 2012 You have to avail & Utilize.

2. CVD 12%
5. Addl Duty 4%




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