Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

CENVAT CREDIT ON SERVICE TAX PAID ON WARRANTY SERVICE

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sir. we are the manufacturer of small commercial vehicles and we are selling our vehicles to our authorized dealers. As a condition of sale the dealer is giving free warranty service to end customers and for which dealer is recovering cost of service along the with service tax from us(Manufacturer) Can we avail cenvat credit on dealer bill we have taken marine insurance policy which .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is covering all vehicles sold to dealers in transit. we are recovering the premium amount proportionately from the dealer through billing. can we take the service tax cenvat credit on insurance premium paid for marine policy. manufacturer has warranty failed parts in their factory and again sending those warranty failed parts to original supplier for analysis purpose (Reason of failure). while .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sending those failed parts from our factory (Manufacturer) shall we need to pay excise duty on this. Please suggest on this. Regards RAMAPPA SOMAKKALAVAR - Reply By Pradeep Khatri - The Reply = CENVAT credit will be available to you as per the provision of the Cenvat Credit Rule, 2004 as amended from time to time. - Reply By CA Seetharaman K C - The Reply = You can avail Cenvat Credi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t as per the provisions of Cenvat Credit Rules as these are genuine expenses incurred for business purposes - CENVAT CREDIT ON SERVICE TAX PAID ON WARRANTY SERVICE - Query Started By: - RAMAPPA SOMAKKALAVAR Dated:- 28-4-2013 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... axmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates