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of <h1>Cenvat Credit for Service Tax on Goods Transport to Depots Allowed, Valuation Basis Irrelevant, CENVAT Credit Rules 2004.</h1> Cenvat credit for service tax paid on transportation of goods from a factory to a depot is admissible regardless of the valuation basis of the goods. Under the CENVAT Credit Rules, 2004, the term 'place of removal' includes depots, allowing manufacturers to claim credit for service tax on transportation to depots. This applies even if goods are taxed at specific rates or based on retail sale prices. The Central Board of Excise and Customs clarifies that credit availment and duty valuation are independent, and definitions from the Central Excise Act apply uniformly, ensuring eligibility for credit on depot sales.
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