22 August 2012
Can I take credit of Service Tax on Outward Transportation if:
1)Goods are dispatched from factory directly to customer 2)Ownership as per sales order is getting transferred on delivery of the goods to customer. 3) Intransit Insurance and transportation is not separately charged to customer but is included in the Total Price.
If Yes, Pl provide the relevant act and provision?
22 August 2012
as per your query the place of sale is the customer premises, so the GTA service so availed pass the test of input service. provided you have paid ED on gross value including the freight and insurance.
CAclubindia
