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cenvat after taking abatement, Service Tax

Issue Id: - 110756
Dated: 6-8-2016
By:- sarat sahoo

cenvat after taking abatement


  • Contents

Sir

One assesse avails the abatement of 70 percent and pays only service tax on 30 percent of the taxable value of input service. After payment of service tax on 30 percent , avails cenvat credit of that paid service tax amount. it as per rule ? can both abatement and cenvat taken in GTA, works contract, rent a cab ?

Posts / Replies

Showing Replies 1 to 7 of 7 Records

Page: 1


1 Dated: 6-8-2016
By:- KASTURI SETHI

For GTA answer is NO for GTA and Rent-a- Cab. Regarding WCS there are restrictions/conditions. Go through Notification No. 24/12-ST.


2 Dated: 6-8-2016
By:- SHIVKUMAR SHARMA

If The Assessee is Manugacturer & he Paid Freight for Inward Material & for outward goods up to the place of removal

he can avail the cenvat Credit in case of GTA service after abatement of 70%on taxable value on the basis of GAR 7 Challan.


3 Dated: 6-8-2016
By:- sarat sahoo

Sir

Assesee is a storage outlet . After of availment of abatement by which notification he is elligible for cenvat credit


4 Dated: 6-8-2016
By:- KASTURI SETHI

Sh.Sarat Sahoo Ji,

I agree with Sh.Shivkumar Sharma on this point.


5 Dated: 6-8-2016
By:- JSW CEMENT LIMITED

If the Assessee is a storage outlet, he is not a manufacturer but if he is a service provider of storage and warehousing service and paying service tax on such service, he is eligible to avail cenvat credit on GTA after abatement of 70% based on the copy of echallan.


6 Dated: 6-8-2016
By:- Ganeshan Kalyani

Sir, GTA is eligible for CENVAT. WCT is subject to conditions. Rent-a-car not allow as credit (only on appeal -allowed). Thanks.


7 Dated: 7-8-2016
By:- KASTURI SETHI

I agree with all experts. They have expressed correctly. What I want to say GTA Service Provider i.e. Transporter cannot avail abatement and Cenvat Credit simultaneously in terms of Notification No.26/12-ST dated 20.6.12 (Serial No.7)


Page: 1

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