We are importing Inputs over Air Rout, C&F Agent is processing our Imports. He is paying the Air Freight on behalf of us and latter on we are reimbursing the Freight.
The Air Freight bills are benn raised on our company. But the bill are cleared by the C &F Agent and latter on we are reimbursing the Freight charge along with the service tax component to C & F agent.
He is not taking the credit of service tax charged on the Air Freight Bills.
Can we claim the input credit on the Freight charges as the bill being raised in the name of our compnay.?
thank you all for your valuable advises in advance.
CAclubindia
