Cenvat credit on gta

This query is : Resolved

Sanju Zaveri (Querist)
Follow

05 November 2012 If ........
a manufacturing Company receives services from GTA and paid Service tax on 02 types of freight.....

(i) Freight paid for input of materials i.e. Input Freight

and

(ii) Freight paid for output (sales) of products i.e. Outwars Freight

Que :- Can manufacturing company claim CENVAT credit for both such freight?????

@VaibhavJ

@VaibhavJ (Expert)
Follow

05 November 2012 Hi,

For input 100% cenvat can be claimed.

For ouput, cenvat can be claimed for the freight pai upto the place of removal of goods. i.e. Place from where goods is sold, generally godown of a company.

Rgds//Vaibhav
Click thank button to convey your appreciation.

Message likes : 1 times

Sanju Zaveri

Sanju Zaveri (Querist)
Follow

05 November 2012
thank u....
but clear the following too.
U means If company paid outward-freight then they can claim for credit???

Upgrade to CAclubindia Pro. Subscribe Now!

@VaibhavJ

@VaibhavJ (Expert)
Follow

05 November 2012 Hi

If Service Tax is paid on outward freight by co. then only they can claim CENVAT on the same.

Rgds//Vaibhav
Click thank button to convey your appreciation.

Message likes : 1 times