12 August 2013
Can we take input of outward transportation service taken for sale of goods? expenses incurred are: 1.freight 2.clearing & forwarding charges 3.air freight 4.courier charges
14 August 2013
Assuming the freight charged by you is reimbursement of freight claimed by you from you buyers and service tax is paid by you under Reverse charge mechanism, the service tax liability under RCM has to be paid in cash.
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
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