Service tax gta credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 November 2011 SIR,

WE ARE MFG. IN PLASTIC COMPONENTS.

RAW MATERIAL PURCHASE FORM HALDIA BANGLORE,HE RAISED EXCISE INVOICE + FREIGHT CHARGED SEPRATLY IN INVOICE & CHARGED SERVICE TAX 10.3% SAME INVOICE.

CURRENTLY WE CLAIM ONLY EXCISE DUTY.

MY QUERY IS CAN WE TAKE SERVICE TAX CREDIT ON THIS INVOICE RAISED BY SUPPLER.

PL. GIVE SEC. NO. & NOTIFICATION NO.

PUNEET GOYAL

PUNEET GOYAL (Expert)
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13 November 2011 As per section 2 (l) of CENVAT credit rules, 2004, input service,inter alia, services of inward transportation of input or capital goods, and outward transportation upto the place of removal.

CENVAT credit can be taken o service tax paid freight on charges if the above condition are satisfied.