Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Service tax gta credit

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

13 November 2011 SIR,

WE ARE MFG. IN PLASTIC COMPONENTS.

RAW MATERIAL PURCHASE FORM HALDIA BANGLORE,HE RAISED EXCISE INVOICE + FREIGHT CHARGED SEPRATLY IN INVOICE & CHARGED SERVICE TAX 10.3% SAME INVOICE.

CURRENTLY WE CLAIM ONLY EXCISE DUTY.

MY QUERY IS CAN WE TAKE SERVICE TAX CREDIT ON THIS INVOICE RAISED BY SUPPLER.

PL. GIVE SEC. NO. & NOTIFICATION NO.

PUNEET GOYAL

PUNEET GOYAL (Expert)
Follow

13 November 2011 As per section 2 (l) of CENVAT credit rules, 2004, input service,inter alia, services of inward transportation of input or capital goods, and outward transportation upto the place of removal.

CENVAT credit can be taken o service tax paid freight on charges if the above condition are satisfied.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now