Credit of GTA

[PRADEEP KUMAR]

Can we take credit of GTA paid on freight outward?

AI Summary

Eligibility for Credit on GTA Service Tax Post-March 1, 2008: Ambuja Cements Case and Judicial Developments A query was raised about the eligibility to take credit for Goods Transport Agency (GTA) service tax paid on outward freight. One respondent suggested consulting a decision by the Punjab & Haryana High Court concerning Ambuja Cements Ltd. Another highlighted that the decision applies to the period before a specific amendment, suggesting that for periods after March 1, 2008, credit should be availed and reversed under protest pending further judicial developments. A third respondent indicated that if the GTA is related to the removal of goods up to a certain point, the service tax paid is available as credit. The final comment noted the pending decision of a Larger Bench.