TMI BlogGTA-Abatement -CenVAT CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir We are manufacurer of valves and fittings 1. We are paying the service tax @12.36% (75% Abatement) on GTA under reerse charge mechanism. is this service tax can we trated as CENVAT for our Excise Returns 2. we are paying service tax to our srvice providers on jobwork and testing charges . is this service tax can claim as CENVAT for Excise 3. as same as we are paying st on tele ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... phone charges Kindly suggest me is this can we cliam as CENVAT for Excise - Reply By Pradeep Khatri - The Reply = First of all you would have to take an undertaking from the transporter that he is not availing the CENVAT credit on Inputs, Input services and on capital goods since your are availing the abatement @ 75% on the value of the bill. Now replies to your queries:- Up to t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he place of removal you may avail the CENVAT credit. If the terms are FOR even then you may avali the CENVAT credit. If the jobwork and testing charges are included in the assessable value of the finished, then, you may avail the CENVAT credit otherwise not. On Telephone charges, (on landlines and on Mobile phones), you may avail the CENVAT credit. - Reply By guna ch - The Reply = Tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nk You Sir Kindly send me the notification rearding the above if any Can i refer CENVAT Rules 2004 - Reply By Pradeep Khatri - The Reply = Yes, you may refer the CENVAT credit Rules, 2004. - GTA-Abatement -CenVAT Credit - Query Started By: - guna ch Dated:- 26-12-2012 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt, 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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