Is Cenvat credit is available on CVD paid on Software Licences import (for ERP servers) which also help in production data analsys?,If Yes then pls quote few citations.
CA Anoop Garg
Anoop Garg (FCA) (120 Points)
21 October 2009Is Cenvat credit is available on CVD paid on Software Licences import (for ERP servers) which also help in production data analsys?,If Yes then pls quote few citations.
CA Anoop Garg
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 30 October 2009
Credit is available.
It is difficult to find case laws as Excise duty/Service Tax has recently been imposed on software, thus even if there is any dispute with department, the case must not have reached level where it can be reported in any journal.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961