Service tax on freight
This query is : Resolved
30 December 2013
M/s XYZ Ltd being a mfg company paid freight charges on purchase which is included in purchase invoice to M/s ABC(from whome goods have been purchases)
M/s ABC paid freight charges to transporter.
Is M/s XYZ ltd eligible for cenvat credit of service tax paid on freight.
M/s ABC paid freight charges to transporter.
Is M/s XYZ ltd eligible for cenvat credit of service tax paid on freight.
30 December 2013
sir you said you (xyz ltd.) eligibel for cenvet credit or not
sir first you said who is paid service tax, if you paid service tax then you take cenvet credit other wise not
sir first you said who is paid service tax, if you paid service tax then you take cenvet credit other wise not
02 January 2014
Since XYZ has NOT paid any service tax, it is NOT eligible to avail CENVAT credit.
In this case, ABC Ltd has paid service tax and accordingly ABC Ltd. is eligible to avail CENVAT credit.
In this case, ABC Ltd has paid service tax and accordingly ABC Ltd. is eligible to avail CENVAT credit.
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- Supply through E-commerce Operators
- Merchant Export Accounting
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
