Service tax credit

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

10 April 2014 Whether Service Tax Credit on Repair & Maintenance of Vehicle is available ?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

10 April 2014 yes. it is available if the R&M related to business

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

12 April 2014 Thankyou Sir, i also wanted to know whether Service tax credit on Insurance Of Vehicle is available ?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

12 April 2014 please mention your nature of output service

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2014 Sir, actually it is a manufacturing company.

Querist : Anonymous

Querist : Anonymous (Querist)

19 April 2014 Can Anyone explain me what is 'place of removal' as per Central Excise Act ?

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
Follow

24 July 2025 Here’s a clear breakdown for your queries:

1. Service Tax Credit on Repair & Maintenance of Vehicle
Yes, it is available if the repair and maintenance (R&M) of the vehicle is related to the business.

For example, if the vehicle is used for business purposes (like transporting goods or employees), service tax paid on its R&M can be claimed as input credit.

2. Service Tax Credit on Insurance of Vehicle
If the vehicle insurance premium is for a vehicle used in the course of business (e.g., a company vehicle), then service tax credit on insurance is also available.

Since your company is a manufacturing company, and if the vehicle is used for business operations, you can claim CENVAT credit on service tax paid for insurance.

3. Place of Removal (Central Excise Act)
The Place of Removal is the location where the excisable goods are removed from the factory or warehouse.

It determines the point of taxation and where the excise duty becomes payable.

This can be the factory gate, warehouse, or any other place from where the goods are dispatched or transported.

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