Dear Sir,
For service Tax on GTA we deposit the cash in bank can we avail the credirt in cenvat credit. Pls clarify.
Regards,
Avinash Bhavsar
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Dear Sir,
For service Tax on GTA we deposit the cash in bank can we avail the credirt in cenvat credit. Pls clarify.
Regards,
Avinash Bhavsar
Old Query - New Comments are closed.
Yes, but up-to the place of removal, you can avail the CENVAT credit on GTA services.
You can claim CENVAT from the service tax paid for GTA except outward charges i.e. GTA paid for sales. GTA paid for purchase only is eligible for CENVAT and same can be adjusted against Excise Duty Payable provided you have necessary documents example. LR Copy.
Old Query - New Comments are closed.