input service tax credit on BAS

Queries 934 views 9 replies

Dear All

We are exporting goods through one of our CF agent who is registered under Business Auxiliary Service and charging service tax for his services.We are raising invocies directly from factory in the name foreign buyers.

Transportation arranged by CF agent and delivered the goods from factory to port as well as from port to the final destination (including sea freight and other charges).kindly clarify whether we can avail input service tax credit for the bills raised by the CF agent under BAS category.

Replies (9)

Yes, u can claim the Cenvat..

As an exporter you maybe interested in getting a refund of the same. Please refer to not.17 & 18 of 2009 for the same. You may also confirm that it does nto clash with the existing benefit of export like duty drawback etc being claimed if any.

Safer you claim refund instead of cenvat credit.

Dear Unnikrishnan Sir, if avail cenvat credit is there any problem in future.

Department may dispue its eligibility as input service. This is the reason why refund scheme has been introduced for certain services.

SIR , FOR WHICH SERVICES REFUND SCHEME IS AVAILABLE ??

CHA, port services, C&F, inspection , fumigation, insurance, warehousing, courrier, money changer, banking service in realtion to export bills.

 Sir ,

 

Our C& F registered under BAS, pls advice whether we are eligible for refund of service for export bills

BAS is not eligible for refund.


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