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Service tax paid on GTA

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..... Service tax paid on GTA
Query (Issue) Started By: - Mridul Sethi Dated:- 26-11-2011 Last Reply Date:- 29-11-2011 Service Tax
Got 4 Replies
Service Tax
Can we take credit of Service tax pa .....

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..... id on GTA Services for Excise Duty Payment... Mridul Reply By Shyam Naik: The Reply: Cenvat Credit is available across Goods & Services with effect from 10/09/2004. You can take Cenvat Credit of Ser .....

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..... vice Tax paid on GTA, if it satisfies the definition of Input Service. Normally, credit on outward transportation is allowed upto the place of removal. Reply By Suresh Kumar Agareal: The Reply: You .....

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..... can take credit of Service tax paid on GTA service as Input service as per rule 2(l) of Cenvat Rule and on outward transportation upto the place of removal and/or upto the buyers premises if the cont .....

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..... ract is for supply of goods as buyers premises and the goods remain under the your control till supplied at buyers premises. S.K.Agatwal Reply By Sandhya Srinivas: The Reply: Can credit be taken ev .....

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..... en if abatement of 75% is taken on the service tax paid as receiver of GTA services? Reply By Shyam Naik: The Reply: Yes. Cenvat Credit can be taken even if tax is paid on GTA after availing 75% exe .....

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..... mption, provided it is an input service.
Discussion Forum - Knowledge Sharing .....

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