transportation of goods by railway
yateen vyas
as per new notification issued on 27/08/2014 credit on freight paid on transportation of goods by railway is allowed. my question is that does it allow old credit or the bill after 27/08/2014
Service tax credit on railway freight applicable from October 2012; claim before 1/9/2014 with proper documentation. A query was raised regarding the applicability of service tax credit on freight paid for the transportation of goods by railway, following a notification issued on 27/08/2014. One response clarified that the credit would be available from October 2012 onwards. Another response highlighted that the notification took effect from its publication date, and credit could be claimed before 1/9/2014, provided the necessary documentation, such as the STTG Certificate and railway receipts, was available. (AI Summary)
TaxTMI
TaxTMI