25 June 2012
In GTA Service when service tax is paid by service receiver,being a specified person can he take cenvat credit of the service tax paid ?(service receiver is taking the benefit of abatement of 75%).There are different views of this question .Suggest me the correct answer.
25 June 2012
For manufacturers, outward transportation from factory to depot is included in the inclusive definition of input service and credit thereon eligible. cENVAT Credit is admissible on outward freight. Also refer case on this "India Cements Limited Vs. Commissioner" -2007 (8)STR 43 Tribunal,Bangalore.