Works Contract

This query is : Resolved

Dhiraj Bagri (Querist)
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03 April 2011 Dear Sir

I need your view on following issue: -

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?

Thanks in advance.