Cenvat Credit of Input Service

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PRABHPREET SINGH (Querist)
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27 April 2011 1.Can an excise assessee take the credit of service tax paid by him on transport service (under reverse charge) taken by him on his SALES?

2. whether the answer for the above ques still be yes if he has recovered the amount of Freight and service tax, paid by him, from his customers?

Ajay Raghatate

Ajay Raghatate (Expert)
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28 April 2011 1 Service tax credit for service tax paid on outward freight is not eligible to cenvat credit.
2 If you recover the freight charges with service Tax from your customer, then you are liable to pay this service tax.

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