Utilisation of Cenvat for payment of service tax
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....tilisation of Cenvat for payment of service tax<br> Query (Issue) Started By: - RAJIV CHHAPARIA Dated:- 30-7-2008 Last Reply Date:- 25-9-2009 Service Tax<br>Got 2 Replies<br>Service Tax<br>CAN A 100% ....
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....EOU USE CENAVT CREDIT OF INPUTS & INPUTS SERVICES TOWARDS ADJUSTEMNT OF LIABILITY OF SERVICE TAX OF TRANSPORTATION OF RAWMATERIALS.THE UNIT IS EXPORTING MANUFACTURING & EXPORTING GOODS ONLY.SOME REJEC....
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....TS ETC ARE SOLD LOCALLY AS DTA SALES. Reply By Surender Gupta: The Reply: To pay service tax on GTA service, whether inward or outward, no cenvat credit is available. This principal is applicable to ....
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....EOU also. Reply By R.S. Mangal: The Reply: the payment of service tax on gta service could be made from cenvat account only upto 01.03.2008. from 01.03.08 the gta service is no more an output service ....
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....hence the service tax on such service has to be made from cash.<br> Discussion Forum - Knowledge Sharing ....
TaxTMI
TaxTMI