Cenvat Credit
This query is : Resolved
29 December 2009
Pl suggest on cenvat credit on following point.
We are into manufacturing of goods and do not provide any output service. We use inward transportation (GTA) services for raw material purchase and pay service tax on GTA under reverse charge on behalf of transporter taking abatement benefit.
Pl confirm, can we take cenvat credit of this service tax paid on GTA service, for payment of excise duty on finished goods?
Regds
We are into manufacturing of goods and do not provide any output service. We use inward transportation (GTA) services for raw material purchase and pay service tax on GTA under reverse charge on behalf of transporter taking abatement benefit.
Pl confirm, can we take cenvat credit of this service tax paid on GTA service, for payment of excise duty on finished goods?
Regds
29 December 2009
yes you can take cenvat credit of this service tax paid on GTA service, for payment of excise duty on finished good.
29 December 2009
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