TMI BlogTransportation charges under reverse managementX X X X Extracts X X X X X X X X Extracts X X X X ..... Transportation charges under reverse management X X X X Extracts X X X X X X X X Extracts X X X X ..... d like to know the calculation for paying the S. tAX on Transportation charges as per Reverse charge Mechanism and I have paid in previous FY 14-15, 15-16 can I avail the paid part as cenvat credit. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thanks Aneel Reply By Ganeshan Kalyani: The Reply: Sir, service tax on GTA is payable on 30% of freight amount. Further Cenvat credit is allowed to be taken only within one year. Thanks. Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AJAY KUMAR:
The Reply:
Sir,
Further to Ganeshan Kalyani's opinion, CENVAT credit should not have been taken by service provider for availing the abatement of 70%. X X X X Extracts X X X X X X X X Extracts X X X X ..... ge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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