SERVICE TAX ON FREIGHT
This query is : Resolved
17 February 2011
I HAVE PURCHASE A RAWMATERIAL FROM HALDIA.THE INVOICE CONTAIN THE FOLLOWING PARTICULAR.
ASSESSABLE VALUE 651500
EXCISE 65150
E. CESS 1303
S & HE CESS 651.50
VAT @4% 28954.98
FREIGHT 5270
SERVICE TAX ON FREIGHT 131.75
E.CESS 2.64
S & HE 1.32
INVOICE TOTAL 752965.19
MY QUESTION WHETHER WE CAN TAKE SERVICE INPUT. OR WE WILL ADD SERVICE TO ASSESSABLE VALUE. HALDIA IS TAKING VAT ON FREIGHT WHETHER HALDIA IS DOING RIGHT. PLEASE SAY THE SECTION SO THAT I CAN MAKE FURTHER REFERRENCE.
ASSESSABLE VALUE 651500
EXCISE 65150
E. CESS 1303
S & HE CESS 651.50
VAT @4% 28954.98
FREIGHT 5270
SERVICE TAX ON FREIGHT 131.75
E.CESS 2.64
S & HE 1.32
INVOICE TOTAL 752965.19
MY QUESTION WHETHER WE CAN TAKE SERVICE INPUT. OR WE WILL ADD SERVICE TO ASSESSABLE VALUE. HALDIA IS TAKING VAT ON FREIGHT WHETHER HALDIA IS DOING RIGHT. PLEASE SAY THE SECTION SO THAT I CAN MAKE FURTHER REFERRENCE.
18 February 2011
Dear Sandeepji,
Yes you can avail cenvat Credit of Excise Duty and Input Service tax credit.
Yes you can avail cenvat Credit of Excise Duty and Input Service tax credit.
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