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This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2016
CAN WE AVAIL INPUT SERVICE TAX AS A IMPORTER.
We are Manufacturer, We imported Goods from China.
C & F - Taken Take by of the regular C & F Agent
He Has Charged us a Detailed Bill given Below - Kindly Classify & tell us whether its cenvatable or not
Liner Charges - Document enlcosed with Bill - C& F Charges us ( 14500 = 10000+ST14.5% = 4500)
C F S Charges = 10030
Transportation = 9000
Customs Clearance Charges = 4500
Service Tax + SBC + KKC = 15% on 14500 2175 = Total Bill 40205.
Which is Cenvatable = As per My Opinon = Service Tax can be Availed. & for Transportation we have to pay under RCM(Reverse Charge Mechanism) and take Cenvat Credit.
Whether its right or Wrong. Reply.
We are Manufacturer, We imported Goods from China.
C & F - Taken Take by of the regular C & F Agent
He Has Charged us a Detailed Bill given Below - Kindly Classify & tell us whether its cenvatable or not
Liner Charges - Document enlcosed with Bill - C& F Charges us ( 14500 = 10000+ST14.5% = 4500)
C F S Charges = 10030
Transportation = 9000
Customs Clearance Charges = 4500
Service Tax + SBC + KKC = 15% on 14500 2175 = Total Bill 40205.
Which is Cenvatable = As per My Opinon = Service Tax can be Availed. & for Transportation we have to pay under RCM(Reverse Charge Mechanism) and take Cenvat Credit.
Whether its right or Wrong. Reply.
CA R SEETHARAMAN
(Expert)
26 June 2016
It is right you can avail cenvat credit on service tax only.
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