TMI BlogDutydraw back and service tax input claimingX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether service tax input credit can be claimed in the following case. A textile company its 70% revenue is from export and 30% revenue is charging service tax on agency commission. The co is taki ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng ST input on all the service bills also taking duty drawback credit. Is it right?? - Reply By Pradeep Khatri - The Reply = I presume that when you are talking about Duty Drawback then it means ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that you are availing All Industry Duty Drawback on the exports made by you. In the All Industry Duty Drawback it is assumed that inputs used in the manufacturing of finished goods for export purpos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e must have incurred the customs duty at any stage of manufacturing, therefore, it is given back to the exporter on wheigted average method and standards have been fixed accordingly. Duty Drawback a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd availing the CENVAT credit of Input Services are two different things. You may avail the both benefits simultenously. Please also check it with your counsel or with your Range Superintendent. - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dutydraw back and service tax input claiming - Query Started By: - chikkaiah madhappa Dated:- 3-9-2012 Customs - Import - Export - Customs - SEZ - Got 1 Reply - Customs - Discussion Forum - Knowled ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|