CENVAT Credit on 25% GTA
This query is : Resolved
Ratan Bharti
(Querist)
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
Ram Avtar Singh
(Expert)
23 December 2009
You can take cevat credit on Freight inward. You can not claim cenvat credit of service tax on outward freight.
Ratan Bharti
(Querist)
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
Ram Avtar Singh
(Expert)
24 December 2009
read by this link
https://www.caclubindia.com/experts/experts_message_display.asp?group_id=17191
https://www.caclubindia.com/experts/experts_message_display.asp?group_id=17191
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
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
