can we take the inward transportation of goods as input service and service tax paid such input service as cenvat?
This query is : Resolved
24 June 2016
xyz ltd is a manufacturing company and it is importing good from Tibet on CIF basis up to Mumbai and from Mumbai the shipping company , up to destination(hyderabad) provides transport services through its agent, for that transportation services they will give service bill inclusive of service tax . and now can xyz ltd can claim the above services as input services and service tax paid on it as Cenvat?
24 June 2016
yes company will take input of service tax paid on the inwards freight. use it for make payment of excise duty liability.
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