Service tax Cenvat Credit before start production

[Jayesh Shah]

Dear Sir,

We hv a company who is registered with excise, the company has imported the capital goods and for the same party has availed clearing and forwarding and gta service and make payment for the same.

so, pls clarify that can we avail the cenvat of service tax paid for the same

ashish parmar

9427666934

[PAWAN KUMAR]

Yes, you can avail cenvat credit of the service you received and used in your importation of capital goods. These are eligible input services for you.

[YAGAY andSUN]

Dear Jayesh,

Yes, you may avail the CENVAT credit in this scenario.

Regards,

Team YAGAY & SUN

(Indirect Tax Consultants)

[Mahir S]

Yes, credit can be availed, as explained above.

However, in case of GTA do ensure that not only payment made to the transporter but also service tax thereon is paid by your company, and thereafter GTA credit to be availed.

AI Summary

Can a Company Avail CENVAT Credit for Service Tax on Clearing, Forwarding, and GTA Services? A company registered with excise has imported capital goods and paid for clearing, forwarding, and GTA services. The query seeks clarification on whether they can avail CENVAT credit for the service tax paid on these services. Three responses confirm that the company can avail the CENVAT credit for these services. However, for GTA services, it is advised that the company ensures both the payment to the transporter and the associated service tax are paid before claiming the credit.