Transport service

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This query is : Resolved

Shweta Parekh (Querist)

01 October 2012 Respected Sir,

Plz. give me treatment for Transportation Service Tax paid by us i.e. 25%

Can we get credit of this service tax or to be expense out ??

Give in detail.

Thanks in advance...

U S Sharma

U S Sharma (Expert)

01 October 2012 1) if the tranport is used for inward tranport of purchased goods.

2) you are availing cenvat credit facility either in excise or in service tax and paying duty from zero level,

if both confirm, then input credit admitted.

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CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)

02 October 2012

1. In case of inward transportation eligible for cenvat subject to other conditions.

2. In case of outward transportation up to the place of removal eligible for cenvat.

Cenvat is admissible even on abated value.

You have to add to the concerned expenditure the ineligible portion of service tax.

Under reverse charge , service receiver can avail cenvat credit after payment to the government. The proof of payment will be challan (Rule 9 of cenvat credit rules)

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Shweta Parekh

Shweta Parekh (Querist)

02 October 2012 Thanks for your valuable suggestion & reply sir..

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