Dear Sir
We are manufacurer of valves and fittings
1. We are paying the service tax @12.36% (75% Abatement) on GTA under reerse charge mechanism.
is this service tax can we trated as CENVAT for our Excise Returns
2. we are paying service tax to our srvice providers on jobwork and testing charges . is this service tax can claim as CENVAT for Excise
3. as same as we are paying st on telephone charges
Kindly suggest me is this can we cliam as CENVAT for Excise
Manufacturer Seeks Guidance on Claiming CENVAT Credit for Service Tax on GTA, Jobwork, Testing, and Phone Charges A manufacturer of valves and fittings inquired about claiming CENVAT credit for service tax paid under the reverse charge mechanism on GTA services, jobwork, testing, and telephone charges. An expert advised that CENVAT credit can be availed if the transporter does not claim CENVAT credit on inputs and if the charges are included in the assessable value of the finished goods. For telephone charges, CENVAT credit is permissible. The inquirer was directed to the CENVAT Credit Rules, 2004 for further guidance. (AI Summary)
TaxTMI 
TaxTMI 
