Can consignor/consignee can avail cenvat credit of setvicetax paid on GTA, if he is paying service tax on 25% of freight amount instead of 100% amount.
Pl give me supporting circular or notification no if possible.
Pl rely early.
4 Replies
rutambh
(.....)
(217 Points)
Replied 24 November 2007
Dear Mr Vaibhav
Pl check expert queries - u can get the answer from - List of quires answered by DAYAL. Query No.43.
Thankx
shyam kishor porwal
(Chartered Accountant)
(183 Points)
Replied 29 November 2007
Dear Mr. Vaibhav,
Service tax paid on GTA can be utilised only if this is used as input credit.
Venkatesh Gupta
(Jr. Manager Finance)
(77 Points)
Replied 29 November 2007
he can take cenvat credit provided transporter should not get any credit
namrata
(CA)
(51 Points)
Replied 07 December 2007
Notification No. 32/2004
notification No. 12/2003-Service Tax
for non taken of Credit of Duty aid on Input and Capital Goods
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