Venkata Ramana Sriram (Service) (119 Points)
01 July 2010Can we take cenvat credit on Courier charges ? If we are eligible whether we can take 100% or proportionate only?
We also providing job work under exemption notification, will it affect to take cenvat credit 100%.
Please clarify in this regard, Thanks in advance.
Regards,
S.V.Ramana.
R.DUTTA
(EXCISE EXECUTIVE)
(200 Points)
Replied 07 August 2010
Dear Mr. Yogesh,
Thanking you for your information. But till now I hage a doubt about credit on courier charges. We are in Bangalore-I commissionerate and Excise Auditors put an objection about credit on courier. Hence I request you kindly send me circular if you have.
Thanks and regards,
R.Dutta,
Mail: rdutta @ southernbatteries.com
CA. Ritesh Kashyap
(Chartered Accountant)
(54 Points)
Replied 11 August 2010
AS PER RULE 2(L) OF CCR 2004 ANY SERVICES USED IN RELATION TO ACTIVITIES RELATING TO BUISNESS ARE ELIGIBLE FOR CENVAT CREDIT UTILIZATION.
AND SO I THINK YOU CAN AVAIL THE CENVAT CREDIT ON THE BASIS OF ABOVE MENTIONED RULE
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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