Input credit on import of tools / repair

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..... Input credit on import of tools / repair
Query (Issue) Started By: - RAM AVTAR Dated:- 8-1-2015 Last Reply Date:- 9-1-2015 Service Tax
Got 2 Replies
Service Tax
Whether CVD ( Custom duty .....

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..... ) paid for import of CONSUMABLE ITEM/ TOOLS in the nature of repair ( no capital assets , infact used for capital assets - wear and tear ) can be claimed as INPUT CREDIT under service Tax provision P .....

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..... S: claiming the input credit on CVD Paid on import of capital assets in two years ( 50 % each ) Reply By Naveed S: The Reply: Sir, I am not able to fully understand your query correctly especia .....

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..... lly the P.S. clarification provided by you. Reply By PAWAN KUMAR: The Reply: Dear Sir, As per my view, credit can be claimed as per capital goods provisions.
Discussion Forum - Knowledge Sharin .....

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..... g .....

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