11 March 2014
I want to know that we are paying transport charges to transporter for our outgoing material and they are not charging service tax on LR and we are also not paying service tax so we are liable to pay serivce tax ?? if yes, then we are eligible to take credit that outward transport charges service tax which we pay by GAR-7 Challan.
Currently we are paying service tax on GTA by GAR-7 Challan on inward transport charges paid to transporter and they are not charging service tax on LR... and we take credit of service tax paid on GTA and utilise against our duty payable..
11 March 2014
Reverse charge is applicable in this case. Accordingly you have to pay service tax. You can claim CENVAT credit of the service tax paid on the basis of GAR 7 challan.
11 March 2014
ok, but if we pay service tax on outward transport charges, then also eligible for credit ?? as there is some confusion between inward & outward transport charges, we currently pay only inward freight service tax by GAR-7 CHALLAN and take credit.. Pls. clarify we have to pay service tax on outward freight which we paid, and eligible for credit also ??
11 March 2014
There is too much confusion of taking service tax on inward & outward freight, which we paid by GAR-7 challan.. Any one can give notification for this inward & outward freight service tax on GTA regarding... ??
CAclubindia
