Cenvat credit allowed in on gta

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 January 2015 Dear Sir

Service provided by GTA to company. Tax burden are transfer to Company in case of reverse charge mechanism.

Can company claimed Cenvat Credit?

Thanks & Regards
Punit Kumar Bhansali
ERo0121376

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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12 January 2015 Yes the company can claim cenvat credit.

Rupesh Jain

Rupesh Jain (Expert)
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12 January 2015 if you are paying service taxon inward freight the you can claim the cenvat.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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12 January 2015 The cenvat credit of GTA service is available to a service recipient even though the service tax under reverse charge has been paid after claiming abatement of 75%.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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12 January 2015 Please see the link.

https://taxguru.in/service-tax/cenvat-credit-gta-service-dilemma-solved.html

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2015 Dear Sir

My client has tea manufacturer. He is liable on service tax on revesce charge mechanisum, he also receive service, Can He set off his liability?

Thanks & Regards
Punit bhansali
ERO0121376

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 January 2015 Yes he can avail cenvat credit.

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