Can manufacturer avail the credit of service tax on "freight paid on export"?
Can manufacturer avail the credit of service tax on "freight paid on export"?
to avail cenvat credit, it is provided that the assessee can get the credit of SERVICE TAX up to the place of removal !!!
for manufacturer exporter the value isFOB or CIF, on which basis the ARE-1 is made ready, and upto the place of delivery the freight is qualified under input service and the assessee can avail the input credit on freight up to that point.
I agree with Mr. Sharma. The assessee can avail service tax up to the place of removal. But incase of exports, Board circular says that port area is the place of removal. So you can avail service tax credit upto the port. There are n number of cases in favour of assesee.
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