I have a query with respect to credit of CVD paid on imported capital goods.
As assessee can utilise 50% credit in current year and 50% in subsequent financial year... should the assessee claim full 100% credit while filing the return when he imports the goods and then carry 50% balace forward till next financial year or should he claim credit in two installments only in his service tax return ?
How to show the cenvat credit on capital goods in service tax return ???