Cenvat credit
This query is : Resolved
23 March 2013
friends is their any case law or circular which say service tax credit on inward qfter abatement is allowed...... pls give reply..
regards:
CA Sandeep Agrawal
regards:
CA Sandeep Agrawal
25 March 2013
Pl. elaborate ur querry.
25 March 2013
sorry I am not able to understand your query.
07 April 2013
Friends my querry is that if manufacturar is liable to pay service tax on freight inward due to reverse charge and that manufacturar pay service tax on 25% value of freight by avaling abatement exemption than whether that mf is allowed to avail cenvat credit of service tax paid on freight inward service if yes than pls reffer any case law or circular no. Thanks i hope now my querry is clear....
07 April 2013
Yes, Cenvat of ST on 'Inward Freight' is available to a manufacturer as per the definition of 'input service'. Abatement availed or not has no relevance for the purpose of its Cenvat. Pls ensure that the service of GTA has been availed for the purpose of manufacturing your dutiable final product.
08 April 2013
sir give the refrence of any notification no. or case law supporting this
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
