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TMI BlogABATEMENT ON FREIGHT PAIDX X X X Extracts X X X X X X X X Extracts X X X X ..... We are a partnership manufacturing firm and registered assessee in central excise and service tax both. In c.ex. we are taking credit of cenvat of inputs (Raw material). we are service receiver in G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TA. can we take benefit of 75% abatement on freight paid by us. Thanks - Reply By YAGAY AND SUN - The Reply = Dear Sanjay, No you cannot avail the abatement of 75% as it has been revised t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o 70%. You would have to pay the service tax on 30% provided service provider make declaration of non availability of CENVAT credit on Inputs, Input Services and capital goods. Regards, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... YAGAY and SUN (Management, Business, and Indirect Tax Consultants) - Reply By ganeshan kalyani - The Reply = The abatement rate on GTA has been reduced to 70% and the person who pays the fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eight shall pay service tax on 30% of freight amount. the change is w.e.f. 01.04.215. secondly the credit can be availed on inward freight and on outward freight upto the place of removal. - Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By sanjay jain - The Reply = Thanks you both a lot. - ABATEMENT ON FREIGHT PAID - Query Started By: - sanjay jain Dated:- 13-5-2015 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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