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TMI BlogST Cenvat Credit utilizationX X X X Extracts X X X X X X X X Extracts X X X X ..... we are manufacturer and exporter and we are paying service tax on inward and outward freight amount, payment of Comission to foreign in this regard please clarify the following points 1. can we take cenvat credit in excise returns on inward freight BAS 2. If it is eligble as cenvat can we utilize this credit to payment of duty on finished products pl.guide us any provisions in this regar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d thanks srinivas - Reply By Vivek Harsh - The Reply = inward freight used for services upto the place of removal shall be available. Refer Rule 2 (i) of CCR, 2004 - Reply By NEERAJ KUMAR, RANCHI - The Reply = Dear Sir, If you are a registered manufacturer and paying service tax on GTA and BAS, you must be registered under service tax also. Any way if you are making payment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of service tax to any other service provider and he is issuing bills to you indicating service tax , you can definitely take cenvat credit on those invoices. But in respect of GTA it is not possible, in this case only you are liable to pay service tax and you can take cenvat credit of that also. Although I have tried to answer your query as far as I could understand. However your question is n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot very clear to me. If your query not answered properly, come again writing your query more elaborately. - Reply By MAHESH BIYANI - The Reply = credit of service tax gta can be taken but can that be taken for service tax gta on inward and outward freight both or only inward freight also lots of transporters dont charge service tax on bills so if the company has to bear gta from its ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pocket than whether the st gta paid can be clubbed ass freight or will that be provided for - Reply By SHASHIKANT WATEKAR - The Reply = definetly, u will take credit service tax on GTA BAS also utilised for payment of cenvat. not for service tax. but in this case pls. conform that your unit was registered with central excise service tax (15 pan basis registration). - ST Cenvat Credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... utilization - Query Started By: - SRINIVAS MADALA Dated:- 16-5-2012 Service Tax - Got 4 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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