Goods Transportation Service
This query is : Resolved
06 April 2008
Dear Sir,
My client is a Limited co. It is a manufacturing unit.
We paid transportation for receiving raw material and also for supplying finished goods.
so on both we have to pay service tax.
Can we take the credit of service tax we paid on Telephone, Professional service etc.
My client is a Limited co. It is a manufacturing unit.
We paid transportation for receiving raw material and also for supplying finished goods.
so on both we have to pay service tax.
Can we take the credit of service tax we paid on Telephone, Professional service etc.
07 April 2008
You can take credit of service Tax paid through the bills raised by the supplier of service on you.
07 April 2008
Mr.S.Srinivasaraghvan,services provided by good transport agency has already been struck out from the definition of output service so in my opinion, GTA cann`t take credit of input service.If u are not satisfied with my point,pls revert back to me with detail
07 April 2008
Mr. Chopra is correct. Cenvat Credit can not be utilised for payment of service tax, if tax is payable by the consigner/consignee.
Since you are a manufacturing co., you can utilise the service tax paid on inward transportation of raw material, and other input services, for payment of excise duty.
Considering the expertise of experts on the forum, it is advisable to judge the opinion before acting upon.
Since you are a manufacturing co., you can utilise the service tax paid on inward transportation of raw material, and other input services, for payment of excise duty.
Considering the expertise of experts on the forum, it is advisable to judge the opinion before acting upon.
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
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
Trending Online Classes
CAclubindia
