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
Hema Yashwanth & Associates
Chennai
B.Com
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Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
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Eshwar & Co Chartered Accountants - Nungambakkam
Chennai
CA Inter
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CCI
Pro
CAclubindia
