Cenvat in put credit
This query is : Resolved
01 April 2009
If a Company pays freight to 'Goods Transport Agency', Then company is liable to pay Service Tax to Govt.
So, the service tax amount to be taken as 'input credit or output Credit' if take as putout credit then it can be setoff to input credit?
If a Company pays freight to 'Goods Transport Agency', Then company is liable to pay Service Tax to Govt.
So, the service tax amount to be taken as 'input credit or output Credit' if take as putout credit then it can be setoff to input credit?
01 April 2009
GTA service is no more an output service. Cenvat can not be utilised for discharging the same.
If the service is input service, tax paid therefor is available as Cenvat.
If the service is input service, tax paid therefor is available as Cenvat.
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