CENVAT CREDIT ON OUTWARD TRANSPORTATION
Ajay Kedia
Dear All, We are tried our best to convince the local and Divisional heads of Service Tax that we are entitled to avail CENVAT credit on GTA paid by us in light of decission of Bench of tribunal-Banglore in the case of ABB Ltd. WE REQUEST ALL TO LET ME KNOW IF THERE IS ANY DECISSION FROM SUPREME COURT IN THIS REGARD. KINDLY LET ME KNOW THE NO. AND DATE OF THE DECISSION,IF ANY. THANKS
Discussion on CENVAT Credit for GTA Services Highlights Need for Supreme Court Judgments and Rule Changes, Rule 5 Refunds A participant raised a query about availing CENVAT credit on Goods Transport Agency (GTA) services based on a tribunal decision. One respondent highlighted a differing case, India Cements Ltd. vs. CCE, emphasizing the need for case-specific analysis. Another respondent explained that credit is available for outward freight up to the place of removal and requested Supreme Court judgments or rule changes regarding CENVAT credit. They also sought court judgments on CENVAT refunds under Rule 5 and Notification No. 5/2006, related to consolidated yearly refund applications. (AI Summary)
TaxTMI
TaxTMI