Service Tax on goods transported.
This query is : Resolved
30 December 2010
Dear Experts,
A Company requires Goods Transport Agencies to transport its Goods due to which it is liable to pay service tax. Can the Company claim input on Service tax paid to advertising agencies, internet service providers, etc in such situation? Can the Company also claim excise duty input to further decrease its Service Tax Liability?
A Company requires Goods Transport Agencies to transport its Goods due to which it is liable to pay service tax. Can the Company claim input on Service tax paid to advertising agencies, internet service providers, etc in such situation? Can the Company also claim excise duty input to further decrease its Service Tax Liability?
31 December 2010
The liability arising on account of Goods Transport Agencies Service(GTA) has to be paid in cash only. Cenvat Credit can not be utilised.
The reason is GTA is no more an output service.
The reason is GTA is no more an output service.
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