Cenvat credit on gta services

Yes you can claim for Input Services like Freight Inward Services .

Dear Abhisek Rungta,

Thanking you, for your clarification further could you provide me a information regarding under which section of service tax it is eligible to claim the same for future reference purpose.

Thanking you,

T.P.Kumar

Dear Mr. Praveen,

In my view, the abatement available under notification no. 26/2012 is available only to the service provider and not to the service receipient. So, if you are liable to pay service tax under reverse charge as per not. no. 30/2012, then you should pay 100% tax @ 12.36% on freight paid. 

As per Rule 7 of Point of Taxation Rules, 2011, for service receiver, the point of taxation is the date of payment to the service provider. So, once you pay freight to the transporter, you are liable to pay tax on the 5th/6th of the following month/quarter as per Rule 6(1) of the Service tax Rules, 1994. After paying the tax though challan, you can claim credit of the same to be utilized against any output services.

Regards,

tax2001-it @ yahoo.com