raw material as such cleared

[brij rathi]

sir

we cleared rm as such to another our sister concern . we reverse duty as it is. pl clear about impect of service tax on gta.

bk rathi

AI Summary

Clarification on service tax for Goods Transport Agency: Rule 3(5) of CCR, 2004 eliminates need to reverse Input Service credit. A discussion on a forum addresses the issue of clearing raw materials to a sister concern and the implications of service tax on Goods Transport Agency (GTA). The initial query involves reversing duty and the impact of service tax. One response clarifies that if GTA credit was taken for inward transportation, outward GTA must be paid. Another response confirms that service tax is paid on outward GTA while CENVAT credit is taken for inward GTA. A final response cites Rule 3(5) of CCR, 2004, stating there is no need to reverse Input Service credit on GTA.