Accounts
This query is : Resolved
27 June 2013
dear sir,
I have a interstate purchase of raw material the seller is paying the feright on our hehalf along with the ST on the feright. are we eligible for the st modvat? or only we have to pay the feright and not availe the Service tax modvat?
I have a interstate purchase of raw material the seller is paying the feright on our hehalf along with the ST on the feright. are we eligible for the st modvat? or only we have to pay the feright and not availe the Service tax modvat?
CMA Ramesh Krishnan
(Expert)
27 June 2013
In Central Sales tax, there is no Value added tax scheme.
In case any service tax you are paying on freight, you can avail input
In case any service tax you are paying on freight, you can avail input
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- GSTR9 Annual Return
- Ito add credit side of bank
- GST ITC as per notification 12/2023- central tax
- Rent agreement of House of deceased person
- LLP audit and disclosure
- Form 144 TDS Return Validation error
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Applicability of tax on invoice
- Capital gain on commercial property and investment in residential property
- Import of Capital Machine
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
