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TMI BlogCENVAT CREDIT ON CARRIAGE INWARDX X X X Extracts X X X X X X X X Extracts X X X X ..... DEAR SIR, A CARGO COMPANY IS CHARGING US SERIVE TAX ON THE FREIGHT OF MATERIAL. ie if the bill is of rs 5000/- he is charging us 618 ST. Can we get the the credit of Rs 618 or 25 % of the it. Regards Rohit R Rao - Reply By Pradeep Khatri - The Reply = Yes, you may avail the CENVAT credit on the inward freight but the question is why the Cargo Company is charging the Service Tax on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the freight amount. You are paying the freight and you are liable to pay the service tax accordingly in cash. - Reply By Seetharaman K C - The Reply = Reverse charge mechanism specified under Notification 30/2012 dated 20-06-2012 shall apply in case of : Goods Transport provided or agreed to be provided by a goods transport agency in respect of transportation of goods by road, where the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... person liable to pay freight is, (a) any factory registered under or governed by the Factories Act, 1948 (63 of 1948); (b) any society registered under the Societies Registration Act, 1860 (21 of 1860) or under any other law for the time being in force in any part of India; (c) any co-operative society established by or under any law; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (d) any dealer of excisable goods, who is registered under the Central Excise Act, 1944 (1 of 1944) or the rules made thereunder; (e) any body corporate established, by or under any law; or (f) any partnership firm whether registered or not under any law including association of persons; Assuming that you fall in one of these categories stated above, the Ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vice tax has to be paid in cash by your organisation and then only you can take CENVAT on the basis of the challan making such payment - Reply By JAMES PG - The Reply = If the said cargo company is not a Goods Transport Agency, reverse charge will not be applicable. In case of end to end logistic service provider, they may charge ST @12.36% on the total freight amount and the recipient can avail ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Cenvat credit subject to the eligibility as per CCR. If the Cargo Co is merely a GTA, they are not supposed to charge ST and the recipient of service is legally bound to pay ST under reverse charge mechanism - CENVAT CREDIT ON CARRIAGE INWARD - Query Started By: - rohit rao Dated:- 8-11-2012 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pert, 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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