08 October 2012
a manufacturing pvt ltd co . The Company is claiming 75% abatement on the ST Liabilty (GTA) . CAn the company again claim the input credit for the 25% ST paid aganist the Excise Duty Payable ? Please provide me any notification if possible regarding the issue .
08 October 2012
Yes on 25% payment also credit admissible for inward as well as intermediate transportation. But not for outward transportation to customer.
CAclubindia
