CENVAT Credit on 25% GTA
This query is : Resolved
23 December 2009
Dear Sir/mam
We are a Manufacturer and Excise payer @ 8.24% on excisable goods we are paying Service Tax on freght on GTA @ 25% on freght value. Anyone told to us that we can claim CENVAT Credit on service tax paid on GTA @ 25% on freight value
i want to know that can we take CREDIT of GTA whlie we paid Excise if yes kindly refer notification number and year or case law reference if any
thanks in advance for your valuable guidance
Dear Sir/mam
We are a Manufacturer and Excise payer @ 8.24% on excisable goods we are paying Service Tax on freght on GTA @ 25% on freght value. Anyone told to us that we can claim CENVAT Credit on service tax paid on GTA @ 25% on freight value
i want to know that can we take CREDIT of GTA whlie we paid Excise if yes kindly refer notification number and year or case law reference if any
thanks in advance for your valuable guidance
23 December 2009
You can take cevat credit on Freight inward. You can not claim cenvat credit of service tax on outward freight.
23 December 2009
thanking you for reply kindly refer to me notification number where law mentioned that we can claim input credit of service tax
24 December 2009
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