TaxTMI 
TaxTMI 
can service provider avail CVD for payment of service tax
canvat credit on CVD
30 Oct 2018 
2 Replies 
1161 Views Asked by
Countervailing duty not available as credit for service tax because CVD applies to imports of goods, not services.
A service provider cannot claim credit of Countervailing Duty for payment of service tax because CVD is a duty on importation of goods and not a levy applicable to services; CVD was subsumed into the Goods and Services Tax framework and therefore does not furnish a credit usable against service tax liabilities. (AI Summary)
A service provider cannot claim credit of Countervailing Duty for payment of service tax because CVD is a duty on importation of goods and not a levy applicable to services; CVD was subsumed into the Goods and Services Tax framework and therefore does not furnish a credit usable against service tax liabilities. (AI Summary)