Service tax credit of invoice in the name of others by endorsement....
This query is : Resolved
29 December 2013
in the case of high sea sale and purchase the bill of laiding and consequent bills of shipping line is in the name of original importer....... my question is whether we can take the service tax credit of the same by getting it endorsed in our favour since we have made all the payment........suggest with valid case laws and rules.....thanks in advance
29 December 2013
Sir in case of high sea sale the high sea buyer becomes the importer.
Now the quetion is whethet the importer is a manufacturer,service provider or an Trader.
As per Rule 3 of Cenvat Credit Rules 2004,Cenvat credit is available to only to manufacturer or producer or provider of output service.
If you fall in any of the above category then you can avail the servic tax credit.
Please have a look at the link too.
https://www.caalley.com/art/art10_0114.html
Now the quetion is whethet the importer is a manufacturer,service provider or an Trader.
As per Rule 3 of Cenvat Credit Rules 2004,Cenvat credit is available to only to manufacturer or producer or provider of output service.
If you fall in any of the above category then you can avail the servic tax credit.
Please have a look at the link too.
https://www.caalley.com/art/art10_0114.html
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
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Exiting partner in partnership firm in gst portal
- Traces submitting correction statement error
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- 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
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
