There is a XYZ company which acts as a works contractor but it has taken the service tax registration of Erection & commissioning.Also, I would like to mention here that we have received all the payment and bookes sales in the FY 2010 - 11
We have also imported an elevator on which CVD has been charged.
Now my query is
1). If we pay service tax @10.3% can we take the benefit of CVD under the service tax certificate of erection & commissioning?
2).Further even though we are registered under erection & commissioning can we take the benefit of works contract composition scheme and take the benefit of CVD?
CAclubindia
