Can excess service tax paid on transportation services (25% of value) be taken as excise credit?
or otherwise it can be adjested i.e.less paid for the next month?
Excess service tax paid
Sonal (CA Final) (382 Points)
08 January 2010
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 08 January 2010
Service tax paid on inward Cartage can take as cenvat credit by manufacturer. Excess service tax paid can be adjust in return period.
Sonal
(CA Final)
(382 Points)
Replied 08 January 2010
On GTA i.e outward transportation charges, it is paid in excess ? Can it be adjested in the same period ie. less payment for the next mths?