Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Dutydraw back and service tax input claiming

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....utydraw back and service tax input claiming<br> Query (Issue) Started By: - chikkaiah madhappa Dated:- 3-9-2012 Last Reply Date:- 4-9-2012 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>Whether ser....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....vice 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 taking ST input o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n 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 that you are avail....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ing 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 purpose must have incurred....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 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 and availing the CENVA....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....T 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.<br> Discussion Forum - Kn....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....owledge Sharing ....