08 October 2011
One of my client is having shipping company acting as clearing & forwarding agent.Service tax R C taking for clearing & forwarding Agency. He claims Cenvat (service tax) Input. Now my client propose to take transport service and going to get new Service Tax RC for GTA in the same name. My query is: 1) Wheather can he cliam abatement under GTA? 2) Can he claim input credit in clearing & forwarding agent service?
10 October 2011
The registration wouldbe the same , an addtional service wouldbe added. Yes fater that hge can claim 75% abvatement for GTA. Yes he can avail the input credit as earlier.