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input service taken credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 May 2011 sir,

can any one pl advice whether a company registered Under GTA category,can take input credit on outward freight!

for example while i receive raw mat. i pay service tax 1000/- on freight and taken credit.And at the time dispatch i pay service tax 500/- then what is its impact on submission of return!

regds
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CA Pradeep Sharma

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CA Pradeep Sharma (Expert)
09 May 2011 Person who make payment of freight is liable to pay service tax under GTA service,

And such person not eligible to take credit on inputs but such person take credit of service tax which is paid by him on GTA service against his Service tax liablity for other service or against excise duty. But such credit can be avail only after making the payment of service tax on GTA through TR-6 Challan
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Nayan Das

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Nayan Das (Expert)
09 May 2011 i agree with above reply
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