Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Gta cenvat

Save Share

This query is : Resolved

P. BASKAR (Querist)

27 April 2013 We are an Excise Assessee. We pay Service Tax on GTA (Reverse Charges) for consignment of our premises and outward of our manufacturing goods.

Our query is can we take the payment of service tax of GTA as cenvat against excise payment?

Because ST Payer and Cenvat crdit taker both are the same person, is it correct?

Ashish Vaish

Ashish Vaish (Expert)

29 April 2013 In case you are availing GTA for transferring goods from your factory to your customer and you are not including the value of this freight in your transactional value then you are not eligible for the ST paid on the above service. However if you are not recovering freight from your customer or contract is on FOR basis or value of freight is included in transactional value then you can avail cenvat of ST paid on such outward transportation.
ST paid on inward freight is eligible as cenvat.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now