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Service tax credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 September 2012 We are Manufacturing Co. we r paying service tax on GTA service after claiming 75% abatement.
1) can we claim credit of service tax paid on freight inward and freight outward(GTA) After claiming abatement as above?
2) V r having 95% import of raw material,where c&F,CHA, and other exp. has to incurred on which servise tax is paid by us. can we claim the same as credit.


Thanx in advance.
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Dilip Kumar Agarwal

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Dilip Kumar Agarwal (Expert)
05 September 2012 1> You can avail cenvat credit on freight inward. Cenvat Credit on freight outward is admissble upto place of removal.

2> Service Tax paid on procurement of raw material qualifies for cenvat credit.
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