Credit taken on gta (outward freight)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2015
We are a manufacturer (partnership firm) of ms bars and ms flat steel products. We have oversight took a cenvat credit on (O/W GTA) Outward Service Tax paid on GTA. When we realised this mistake we reversed the same in first day of next month from our input cenvat credit. But excise auditor told us that there is no any provision for O/W service tax credit reversed and we should make a cash payment of the said service tax again.
29 January 2015
Hi
Pl refer: https://taxguru.in/excise-duty/cenvat-credit-wrongly-erroneously-refunded.html
Thanks!!
Pl refer: https://taxguru.in/excise-duty/cenvat-credit-wrongly-erroneously-refunded.html
Thanks!!
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- Salary and pension received from Asian Development Bank
- BIS Certificates
- Last year TDS Claim
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
