Service tax gta
This query is : Resolved
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..
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.
Message likes :
1 times
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 ??
Pls. clarify we have to pay service tax on outward freight which we paid, and eligible for credit also ??
11 March 2014
1. You have to pay service tax on inward as well as outward freight.
The Act does NOT distinguish between outward & inward freight.
2. You are eligible to avail CENVAT credit of service tax paid under reverse charge whether paid on inward or outward freight.
The Act does NOT distinguish between outward & inward freight.
2. You are eligible to avail CENVAT credit of service tax paid under reverse charge whether paid on inward or outward freight.
11 March 2014
You cannot claim cenvat credit on service tax paid on outward freight.
Message likes :
1 times
11 March 2014
K.A. : Richa Bothra
You mean we have to pay service tax on outward freight by GAR-7 and we are not eligible for credit taken ??
You mean we have to pay service tax on outward freight by GAR-7 and we are not eligible for credit taken ??
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... ??
11 March 2014
Yes!! you are correct
Message likes :
1 times
11 March 2014
is there any notification for this inward & outward freight service tax credit regarding.. please provide the same...
11 March 2014
K.A. : Richa Bothra
Can u provide me any notification In this regards for inward is eligible and outward is not eligible ??
Can u provide me any notification In this regards for inward is eligible and outward is not eligible ??
12 March 2014
Service tax paid under reverse charge is eligible for CENVAT credit, whether paid on inward freight or outward freight.
The Act, CENVAT Credit Rules DO NOT distinguish between outward freight & inward freight.
Service covered under reverse charge is services provided by a Goods transport Agency.
The Act, CENVAT Credit Rules DO NOT distinguish between outward freight & inward freight.
Service covered under reverse charge is services provided by a Goods transport Agency.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- LTCG for Assmt year 26-27
- Loan by Partnership Firm
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
