Goods transport agency

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 January 2013 SERVICE TAX PAID UNDER REVERSE CHARGES MECHANISM FOR GOODS TRANSPORT AGENCY WITH AVAILING 75% ABATEMENT,PAID IN JAN 13'

CAN THE ABOVE SAID AMOUNT BE TAKEN AS INPUT CREDIT AND SHALL ADJUST AGAINST THE TOTAL OUTPUT LIABILITY OF JAN 13

PLEASE DO LET ME KNOW & IF THE SAME IS CORRECT, FORWARD A LINK CONSISTS OF NOTIFICATION, ACT ETC

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
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22 January 2013 Input credit for GTA services can be taken if it relates to services availed upto the place of removal.Please refer to Rule 2(l) of the CCR Rules for definition of the term input service.