cenvat of service tax on freight paid by an excisable unit


This query is : Resolved 

(Querist)
25 February 2008 Dear All,

Can u guide me that how much cenvat i can calim on service tax paid on freight bills. Is there any condition like that i can only claim the cenvat only on freight paid of stocktransfer bill not on sale bill by branch if my service tax is centralized. And one more thing is that there is any limit of taking cenvat like in excise of period of six month or i can avail in this any time

Anuj

Dayal (Expert)
26 February 2008 Can u guide me that how much cenvat i can calim on service tax paid on freight bills. Is there any condition like that i can only claim the cenvat only on freight paid of stocktransfer bill not on sale bill by branch if my service tax is centralized. And one more thing is that there is any limit of taking cenvat like in excise of period of six month or i can avail in this any time

Anuj


The service tax on Freight can be availed as under

1] on outward freight upto the place of removal ( stock transfer) since this is not a sale
2] on inward freight for inputs and or capital goods

Apart from this there is no other eligibility

Further there is no restriction on the credit period, normally one does not defer, unless there is a specific reason, still it would be ideal to take within a period of one year from the date of payment

Anuj Goyal (Querist)
27 February 2008 Thanks

05 November 2008 hey if you hav service tax book then refer to ST on GTA services.....they clearly mentioned that gross value for cal ST is 25% of bill....


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