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Credit of GTA, Service Tax |
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Credit of GTA |
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Can we take credit of GTA paid on freight outward? Posts / Replies Showing Replies 1 to 4 of 4 Records Page: 1
To know whether you can take credit of GTA paid on outward freight, you may visit the latest decision of PUNJAB & HARYANA HC in the case of AMBUJA CEMENTS LTD. TMI ID is 2009 -TMI - 32932 - PUNJAB & HARYANA HIGH COURT
The decision of the P&H is relevant to the period befoire the amendment. After the amendment the matter is unclear. It is advisable for the period after amendment 1.3.2008 to avail the credit and reverse under protest and await the judcial development.
The the GTA is related to removal of goods upto the place of removal, service tax paid on GTA is available as credit.
Before the final decision of Larger Bench decision by Tribunal, the decision is given by the Hon.'ble P & H High Court.
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