raw material as such cleared, Central Excise

[brij rathi]

sir

we cleared rm as such to another our sister concern . we reverse duty as it is. pl clear about impect of service tax on gta.

bk rathi

Posts / Replies

[MUKUND THAKKAR]

if you have taken GTA credit when such material you have procure from your vendor as Inward GTA. than you have to pay out ward GTA from the same material.

[brij rathi]

sir,

its ok . we pay s.tx on gta for outward. but we taken taken cenvat credit as we pay by pla on gta for inward for same material.

[ramniranjan kandoi]

As per Rule 3(5) of CCR,2004, one has to debit equal credit but there is no need to reverse Input Service credit on GTA.