Gta

abatements 1308 views 3 replies

SIR 

pls solve the querry

I m working as a middle man in a transpoty business.I have some contract form client for transportation of goods for which i charge him 1500000.00 & again i contact a owner of transport business to supply goods to my goods for which he raised me a bill of Rs 1000000.00.In the invoice raised by transporter he mentioned he didnt take any cenvat credit,& the consignor or consignee is liable for service tax

 

so i pay service tax by taking the abatement of 75% & paid  on the balance of 25% of 1000000.00 @ 12.36%

now my question is whether i can take it as the 30900.00 service tax as input credit for other service(other than transportation) & for my outward transportation.

if yes then how

pls reply

Replies (3)

if you will avail cenvat credit, then abatement would not be available in your hand. 

you cannot avail cenvat credit (Rs 30900/-) on the earlier transaction. if it is a manufacturing unit, the service tax paid on the outward freight paid for the materials received can be taken.

RENGARAJ R.K

Why are you paying the service tax??


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