25 June 2016
CAN WE AVAIL INPUT SERVICE TAX AS A IMPORTER.
We are Manufacturer, We imported Goods from China. C & F - Taken Take by of the regular C & F Agent
He Has Charged us a Detailed Bill given Below - Kindly Classify & tell us whether its cenvatable or not Liner Charges - Document enlcosed with Bill - C& F Charges us ( 14500 = 10000+ST14.5% = 4500) C F S Charges = 10030 Transportation = 9000 Customs Clearance Charges = 4500 Service Tax + SBC + KKC = 15% on 14500 2175 = Total Bill 40205. Which is Cenvatable = As per My Opinon = Service Tax can be Availed. & for Transportation we have to pay under RCM(Reverse Charge Mechanism) and take Cenvat Credit.