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Input credit against service tax payment made. (Service Tax)

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This query is : Resolved


( Author )
14 August 2011

Dear Sir,

I am working in manufacturing co. I want the name of services not entitled for taking input credit against excise duty payment.

Can we take the Input credit & utilized the same against Carriage Outward service tax paid to logistics supplier?


Preety Parik

( Expert )
14 August 2011

1. Service tax paid on all those input services which are not used by the manufacturer directly or indirectly or in relation to the manufacture of final products cannot be claimed for credit.

2. Service tax liability on carriage outwards(GTA) has to been paid. It cannot be settled against input credit.


Sachin S Joshi

( Author )
14 August 2011

Can we take following services input credit?
1 Air or domsitc travel Bills.
2 Insurance charges.
3 Vehicel repairs Bills.


Preety Parik

( Expert )
14 August 2011

1. cannot claim credit of travel bills.
2. Insurance of only plant and machinery used in manufacture.
3. Vehicle only those used in manufacture, may be JCB, crusher, etc. other vehicles like car or trucks for outward carriage cannot be claimed for credit.


Sachin S Joshi

( Author )
14 August 2011

Can we take service tax input credit & utilized the same after 2-3 years?

i.e. service taken in FY 2008-09 & today we want to take the input credit & utilized the same against excise duty payment.

( Is there any time limit?)


Preety Parik

( Expert )
14 August 2011

U might have already booked as expenditure in 2008-09 in your account. if that is the case then u cannot claim credit in the current year.


Sachin S Joshi

( Author )
14 August 2011

The expenses is clamied in FY 08-09, but the service tax on that expenses is shown under service tax deposit & that amount is not utilised against excise liability till date.

In this case can we utilsed the input service credit now.

(Is there any time limit as per rules?)


Preety Parik

( Expert )
14 August 2011

i guess the amount is outstanding in service tax paid account and u can claim it in the current year.


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