banner_ad

Availment of cenvat credit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 October 2015 SUPPOSE ABC COMPANY HAS IMPORT BUSINESS WHO ALSO PROVIDE MAINTENANCE OR REPAIR SERVICE TO THEIR CLIENTS ON SUCH IMPORTED PRODUCTS .

NOW MY QUESTION IS WHETHER ABC COMPANY CAN CLAIM CENVAT CREDIT ON SERVICE TAX PAID TO CLEARING AND FOPWARDING AGENT AT THE TIME OF IMPORTING PRODUCTS AGAINST SERVICE TAX ON MAINTENANCE OR REPAIR SERVICE.

CAN COMPANY TAKE CENVAT CREDIT OF SERVICE TAX RELATING TO TELEPHONE BILL OR FOR COURIER SERVICE ?
Profile Image

Ashish Chaudhary

Profile Image

Ashish Chaudhary (Expert)
13 October 2015 Credit could be taken to the extent charges paid to clearing and forwarding agent for importation of spare parts used in the repair of products. Value of these spare parts should be included in the value of services for charging service tax. Credit not admissible for clearing charges paid on items resold as such.
Telephone and courier credit can be taken. But there would be need to reverse the credit under Rule 6 of Cenvat Credit Rules, 2004 attributable to trading activity.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details