dear friends and my seniors professionals,
whether the service tax paid on GTA service under reverse charge after claiming abetement is eligible for CENVAT credit as service tax paid on input service.
kindly suggest with ur views and if any with notifications as well
Clarification on CENVAT credit for service tax on GTA services under reverse charge; caution advised for outward freight disputes. A participant in a discussion forum inquired whether CENVAT credit is available for service tax paid on Goods Transport Agency (GTA) services under reverse charge after claiming abatement. A respondent clarified that CENVAT credit can be availed for service tax paid on both inward and outward transportation up to the place of removal, as it falls under the definition of input service. However, caution is advised for outward freight if its value is not included in the assessable value, as this could lead to disputes. The respondent also noted that abatement was removed by a specific notification, with exemptions available under another notification. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
