Cenvat credit on freight and insurance

[RAM SHARMA]

Dear Experts,

Whether a manufacturer can take cenvat credit on freight and commission given to our consignment agent in gst draft law just like as current service tax law. Pl clarify.

Thanks & Regards

AI Summary

Manufacturers Debate Cenvat Credit on Freight and Commission Under GST; Await Final Law for Clarity A discussion was held on whether a manufacturer can claim Cenvat credit on freight and commission for consignment agents under the draft GST law, similar to the current service tax law. Participants advised waiting for the final GST law as it was not yet finalized, and changes could still occur. One contributor suggested discussing the revised GST draft law to prepare for upcoming changes, while others argued that it might be futile if the final law differs significantly from the draft. Overall, the consensus was to await the final version before drawing conclusions.