Dear Team,
We are a manufacturer & exported our final product. Can we avail CENVAT credit on outward services (ie. freight forwading agents, transportation, Insurance, clearing, handeling, loading unloading services) used for Export of our final product.
Regards,
Eligibility for CENVAT Credit on Outward Services: Freight, Transportation, Insurance, and More Under Cenvat Credit Rules 2004 A manufacturer inquired about the eligibility to avail CENVAT credit on outward services like freight forwarding, transportation, insurance, clearing, handling, and loading/unloading used for exporting their final product. One respondent indicated that CENVAT credit can be taken according to the Cenvat Credit Rules, 2004, and mentioned the possibility of obtaining exemptions through refunds on GTA and other services. Another respondent confirmed that CENVAT credit can be availed on outward freight when goods are directly delivered to the final destination. (AI Summary)
TaxTMI 
TaxTMI 
