Service tax credit in excise
This query is : Resolved
14 December 2013
Our CHA is charging Service tax on his clearing and forwarding charges and also on the transport charges.
E.g. : Rs. 100/- (Transport charges)+ Rs. 50/- (clearing & forwarding charges) = 150/- + 18.54/- (ST on freight and Clearing charges) = total amt Rs. 168.54
Now I want to know whether I can take credit of this ST amt of Rs. 18.54 in Excise return? and if I could not take this credit in excise return, then can I take this credit in ST return? Is there any notification related to this?
Shilpa
E.g. : Rs. 100/- (Transport charges)+ Rs. 50/- (clearing & forwarding charges) = 150/- + 18.54/- (ST on freight and Clearing charges) = total amt Rs. 168.54
Now I want to know whether I can take credit of this ST amt of Rs. 18.54 in Excise return? and if I could not take this credit in excise return, then can I take this credit in ST return? Is there any notification related to this?
Shilpa
15 December 2013
Dear friend,
In order to be eligible for credit, the services received by you should be input services. IF it is input service, definitely, you are eligible for credit. It appears that the services of CHA may be relating to export of goods and as such credit seems to be admissible. The eligible credit is to be shown in the ER-1/ER3.
In order to be eligible for credit, the services received by you should be input services. IF it is input service, definitely, you are eligible for credit. It appears that the services of CHA may be relating to export of goods and as such credit seems to be admissible. The eligible credit is to be shown in the ER-1/ER3.
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Banking Related Issue
- Difff in ais receipts and gst turnover
- ITR-Capital Gain
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
