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Cenvat credit on GTA

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..... Dear Sirs, We are taking cenvat credit on GTA since our terms of delivery is customer godown location. But at the same time our customer is paying some consolidated amount towards freight charges. How .....

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..... ever, freight we receive is less than what we pay acutally to the transporters. In this circumastances, am i eligible for taking the credit on GTA?. - Reply By Rama Krishana - The Reply = No, as long .....

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..... as it remains in the nature of outward transportation beyond the place of removal, you are not entitled to take cenvat credit. It is immaterial that you are able to get the amount of freight reimburs .....

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..... ed from your customer full or in part or none. - Cenvat credit on GTA - Query Started By: - chaganti srinivas Dated:- 16-1-2010 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Kno .....

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..... wledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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