cenvat credit on freight outward
This query is : Resolved
01 July 2010
Dear all,
my client is delivery goods upto place of customer
for such he charging frieght separtely in the invoice and pay service tax separately
whther on such payment can we claim cenvat credit of service tax
or can we claim abatmentand pay ST instead of Setoff
my client is delivery goods upto place of customer
for such he charging frieght separtely in the invoice and pay service tax separately
whther on such payment can we claim cenvat credit of service tax
or can we claim abatmentand pay ST instead of Setoff
01 July 2010
The law on this count is not yet settled. The favourable decision in the case of ABB ltd., is under challange in the High Court.
If you can fight, you can take the cenvat as in your case the customer's doorstep is the place of removal.
What is meant by abetment in your query is not clear.
If you can fight, you can take the cenvat as in your case the customer's doorstep is the place of removal.
What is meant by abetment in your query is not clear.
01 July 2010
IF SERVICE TAX CHARGED BY YOUR CLIENT IS FULL RATE OF TAX i.e 10.30% (wihtout taking abatement), then you can take cenvat credit of such freight because for you this freight inward.
If he is charging 25% of 10.30% i.e availing abatment. then you can't take credit of it.
If he is charging 25% of 10.30% i.e availing abatment. then you can't take credit of it.
01 July 2010
Service tax on outword cartage not cenvatable.
01 July 2010
The person who is purchasing the goods , for him frieght charged by supplier will be freight inwards, for which credit of service tax can be taken if he has charged full rate of service tax.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Free lancer income
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG FOR GOLD ETFs
- Suggestions required for income tax filing-software (FY 2025-26)
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
