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CENVAT credit of service tax paid under abatement scheme

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..... CENVAT credit of service tax paid under abatement scheme
Query (Issue) Started By: - PUNIT VARSHNEY Dated:- 4-6-2011 Last Reply Date:- 4-6-2011 Service Tax
Got 1 Reply
Service Tax
dear fr .....

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..... iends and my seniors professionals, whether the service tax paid on GTA service under reverse charge after claiming abetement is eligible for CENVAT credit as service tax paid on input service. kind .....

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..... ly suggest with ur views and if any with notifications as well Reply By Vijay Chitte: The Reply: you can avail the Cenvat Credit of Service Tax Paid on Inward / Outward transportation up to the plac .....

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..... e of removal. It is a part of defination of input service. As far as outward transporation concern, If outward freight is not included in assessable value, you should be very careful while taking Cenv .....

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..... at credit since dispute regarding assessable value may arise. Outward freight is eligible as input service even if its value is not included as valuation and cenvat credit are two different issues. Mo .....

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..... reover, abatment is removed by notificaiton 12/2008-st and exampition are available as per Nofn.13/2008-ST without any condition.
Discussion Forum - Knowledge Sharing .....

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