Cenvat credit on GTA

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....envat credit on GTA<br> Query (Issue) Started By: - chaganti srinivas Dated:- 16-1-2010 Last Reply Date:- 17-1-2010 Central Excise<br>Got 1 Reply<br>Central Excise<br>Dear Sirs, We are taking cenvat c....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....redit on GTA since our terms of delivery is customer godown location. But at the same time our customer is paying some consolidated amount towards freight charges. However, freight we receive is less ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....than what we pay acutally to the transporters. In this circumastances, am i eligible for taking the credit on GTA?. Reply By Rama Krishana: The Reply: No, as long as it remains in the nature of outwa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rd transportation beyond the place of removal, you are not entitled to take cenvat credit. It is immaterial that you are able to get the amount of freight reimbursed from your customer full or in part....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... or none.<br> Discussion Forum - Knowledge Sharing ....