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Service Tax Input on Services regarding Machinery

This query is : Resolved 
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(Querist)
12 July 2008 We have import a machine; We have paid Insurance and Clearing & Forwarding Chages thereon. These charges includes Service Tax

Can We take Service tax Input credit regarding above charges ?

If Yes, Can It claim in same year or 50% in same year & 50% in next year ?


I am bit confuse because according to definition of "Service tax input Credit" in the case of Maufacture; Service tax credit is available only when services is related to direcetly & indirectly Production
But above said services are related to clearinf & Forwarding of Machinery not Raw Material or Production

Please give me proper suggestion

with rerard
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
12 July 2008 100% after making payment in the same year. These are tax on input service, not duty on capital goods.
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Deepak Sharma

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Deepak Sharma (Querist)
14 July 2008 let me know
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
18 June 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
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