Dear Members,
We are the manufaturers of cement,I have a query regarding availment of Service Tax Credit on outward transportation(Stores Spares) for repairs and maintenance.After completion of repairing activity they will be returned to our stores. Whether can we avail the service tax portion which is paid on outward transportation as a recipient of service????Please clarify me regarding this.
For you it is Inword Transportation, so CENVAT Input credit not eligible.
Regards
Kumar
M N Rao & Associates LLP
Vijayawada
CA Inter
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Fytomax Nutrition Private Limited
Aurangabad
CA Inter
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ADY & CO.
New Delhi
Graduate (Any)
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S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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CCI
Pro
CAclubindia
