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ABATEMENT ON FREIGHT PAID

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....BATEMENT ON FREIGHT PAID<br> Query (Issue) Started By: - sanjay jain Dated:- 13-5-2015 Last Reply Date:- 13-5-2015 Service Tax<br>Got 3 Replies<br>Service Tax<br>We are a partnership manufacturing fir....

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....m and registered assessee in central excise and service tax both. In c.ex. we are taking credit of cenvat of inputs (Raw material). we are service receiver in GTA. can we take benefit of 75&#37; abat....

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....ement on freight paid by us. Thanks Reply By YAGAY AND SUN: The Reply: Dear Sanjay, No you cannot avail the abatement of 75&#37; as it has been revised to 70&#37;. You would have to pay the servic....

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....e tax on 30&#37; provided service provider make declaration of non availability of CENVAT credit on Inputs, Input Services and capital goods. Regards, YAGAY and SUN (Management, Business, and Indir....

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....ect Tax Consultants) Reply By ganeshan kalyani: The Reply: The abatement rate on GTA has been reduced to 70&#37; and the person who pays the freight shall pay service tax on 30&#37; of freight amount....

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..... the change is w.e.f. 01.04.215. secondly the credit can be availed on inward freight and on outward freight upto the place of removal. Reply By sanjay jain: The Reply: Thanks you both a lot.<br> Di....

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....scussion Forum - Knowledge Sharing ....