banner_ad

Gta

abatements 1332 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??


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details