Cenvat Credit in case of GTA
This query is : Resolved
17 May 2011
Whether Cenvat Credit can be claimed in case of payment to be made on account services being received from the goods transport agency?
Also if already excess payment have been made on account of GTA service on account of wrong calculation being made, can the same be adjusted?
Thanks in Advance.
Also if already excess payment have been made on account of GTA service on account of wrong calculation being made, can the same be adjusted?
Thanks in Advance.
17 May 2011
inward GTA services qualify for input credit, but outward services does not.
if you have made excess payment then write to R/O regarding the fact, on acceptance you will be eligible to use the excess payment so made in next period return.
if you have made excess payment then write to R/O regarding the fact, on acceptance you will be eligible to use the excess payment so made in next period return.
Message likes :
1 times
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding appeal to GSTAT
- Value of property in capital gain
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Multiple trade mark
- Copyright software
- Transporter Declaration form
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
