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Transportation charges under reverse management

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..... Transportation charges under reverse management
Query (Issue) Started By: - Anil Kumar Dated:- 5-7-2016 Last Reply Date:- 22-7-2016 Service Tax
Got 2 Replies
Service Tax
Dear Sir, I woul .....

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..... 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. .....

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..... 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 .....

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..... 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%.
Discussion Forum - Knowled .....

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..... ge Sharing .....

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