service tax credit
This query is : Resolved
01 July 2009
can we take service tax credit on freight outwards(export)? please give me case name also.
01 July 2009
If intire cost of freight paid up to the customer's doorstep cenvat credit is availble. In view of Circular No. 97/06/2007 - ST credit is admissible if ownership of goods remain with seller till delivery of goods at customer's doorstep, since sales is based on basis of FOR destination, transit insurance and freight charges are borne by the applicant so credit is admissible on outward freight.
This has been also held in the PUNJAB & HARIYANA HIGH COURT in the case of AMBUJA CEMENTS LTD. vs UNION OF INDIA.
This has been also held in the PUNJAB & HARIYANA HIGH COURT in the case of AMBUJA CEMENTS LTD. vs UNION OF INDIA.
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
- Post Office RD Interest
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Bank Accounts in Balance Sheet for ITR 3
- Form 10BD Filling
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Annual return of gst limit
- ESIC- Employee Registration
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
