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cenvat credit

This query is : Resolved 
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(Querist)
05 November 2008
Dear Sir,

In our company we are rendering three types of services

1 transport of goods by road

2 transport of goods by rail

3 transport of goods by air

but we do not maintain separate accounts for each of them. Service tax liability arise on transport of goods by air.

My question is can we take input credit of service tax paid on telephone service, postage, courier etc. against our service tax liability on transport of goods by air though we do not bifurcate the specifically paid for rendering service of transport of goods by air.

Please reply
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
05 November 2008 Option 1 - No Cenvat Credit

Option 2 - You can take cenvat credit, you have to pay 8% tax on non taxable services.

You may evaluate the financial imolication and take a suitable decision.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
06 November 2008 Tes, Mr.Naik is right.
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mohit mehta

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mohit mehta (Querist)
13 November 2008 thanks for your reply
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