Gta services
This query is : Resolved
04 May 2013
WE ARE A INFRASTRUCTURE COMPANY AND WE ARE GTA SERVICE RECEPIENT. CAN WE AVAIL CENVAT CREDIT OF GTA SERVICES AFTER 01.07.2012.
OR WHETHER WE NEED TO PAY 25% OF THE GTA AMOUNT.
ITS URGENT.....
OR WHETHER WE NEED TO PAY 25% OF THE GTA AMOUNT.
ITS URGENT.....
04 May 2013
u have to pay total 12.36% of total value i.e, 100% of consignment note value.
about the point of cenvat credit,
whatever u deposit will be allowed to you as CCR of the value you deposited, but will be allowed only if you using the GTA service for your 'input' and 'capital goods'.
and what is input and capital goods has to be checked by rule 2(a) and 2(l) of Cenvat Credit Rules
about the point of cenvat credit,
whatever u deposit will be allowed to you as CCR of the value you deposited, but will be allowed only if you using the GTA service for your 'input' and 'capital goods'.
and what is input and capital goods has to be checked by rule 2(a) and 2(l) of Cenvat Credit Rules
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- GST ISSUE OF INPUT AND OUTPUT GST
- Change Of Karta In Case of Death
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
