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

[Madhukar N Hiregange]

It would be available from October 2012 onwards.

[Rajagopalan Ranganathan]

Sir,

The Notification was issued on 27.8.2014. The Notification clearly states that it will come into effect from the date of its publication in the official gazette. Since restriction for taking credit within six month from the date of duty paying documents will come into effect on 1.9.2014, you can take the credit before 1.9.2014 provided STTG Certificate issued by the Indian Railways, along with the photocopies of the railway receipts mentioned in the STTG certificate is available with you.

AI Summary

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.