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 and SUN]

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

Cenvat credit for input services can be claimed for importation of capital goods, subject to payment conditions.
CENVAT credit is admissible for service tax paid on input services used in importation of capital goods, including clearing and forwarding services. For GTA services, credit may be availed only where the company has discharged the service tax liability on those services before claiming the credit.