GTA
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 March 2010
Dear Sir,
One company has paid GTA @ 100% and taken 100% Gta credit from April08 to April 09.What will be the outcome of this case.whether the excess 75% credit be reversed and same be refunded or the excess payment be sett off against future servicet tax liability
One company has paid GTA @ 100% and taken 100% Gta credit from April08 to April 09.What will be the outcome of this case.whether the excess 75% credit be reversed and same be refunded or the excess payment be sett off against future servicet tax liability
Rajesh Kumar
(Expert)
30 March 2010
It is alright. You are eligible to take credit of the 100% freight paid. No reversal is required.
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