Cenvat in service tax return

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CA Rajat jain

78 Points Posted on 09 May 2012

I am working in Manufacturing Unit ( Kamdhenu TMT Steel plant)

We paid carriage inward pay service tax on it and avail cenvat credit.

We paid service tax on carriage outward also on which we can not avail cenvat credit.

We paid excise also take take cenvat on Principal input also.

now my question is that how would we show all three figures in service tax return Specially service tax in carriage outward. No colum in ST return which met this situation

It is a very complicated situation which i seen

pls resolve it

Thanks

CA Rajat Jain

Replies (3)

Rakshit

practising

426 Points Posted on 09 May 2012

When you are a manufacturer and availing cenvat credit, where is the need to show credit in ST3 return. Service tax credit credit of service tax can also utilised for the payment of excise duty. Your querry appears to be not specific. What do you mean by service tax outward in ST3 return.

regards

Raksh*t

09810525780

CA Rajat jain

78 Points Posted on 10 May 2012

Hi raksh*t...

it is a practical situation......

bcoz service tax in outward goods means that when we sale TMT ( saria) then on freight on which liability

of service tax on freight outward.

& if you think this is not our liability then i would like to sys same point but during anti evasion search in our permises they says that other party ( which goods received) not has service tax registration so primary liability is on factory to pay sevice tax...

& in service tax rerturn if someone is manufacture unit than it should given all detail of cenvat (excise + service tax) in return

dear

its a totally practical situation . this situation create in making this half yearly return.

thanks

CA Rajat Jain

9166132638