Service on Job Work and GTA
This query is : Resolved
17 March 2009
Sir,
We pay Service on Job Work and GTA (Goods Transport AGency) For Example We purchased Machiney and obtain Cenvat of Rs. 2,00,000/- (Input Credit) and Output through Job Work is 1,00,000/- and Rs. 25,000/- on GTA Service (with getting 3.09% Abatement on GTA) our total liability to Service Tax Department is 1,25,000/- (1,00,000+ 25,000/-) but out Credit through Cenvat is 2,00,000/- Can we pay GTA Service through CENVAT.
Thanking You
Sunil Kumar
My E-mail id is = sunil_kumar10520@yahoo.com
We pay Service on Job Work and GTA (Goods Transport AGency) For Example We purchased Machiney and obtain Cenvat of Rs. 2,00,000/- (Input Credit) and Output through Job Work is 1,00,000/- and Rs. 25,000/- on GTA Service (with getting 3.09% Abatement on GTA) our total liability to Service Tax Department is 1,25,000/- (1,00,000+ 25,000/-) but out Credit through Cenvat is 2,00,000/- Can we pay GTA Service through CENVAT.
Thanking You
Sunil Kumar
My E-mail id is = sunil_kumar10520@yahoo.com
Ram Avtar Singh
(Expert)
17 March 2009
first of all Cenvat credit on capital goods 50% current year and 50% in next year.
secondly you shold pay Rs. 25000 Service tax by eheque then take cenvat credit.
secondly you shold pay Rs. 25000 Service tax by eheque then take cenvat credit.
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