GTA-Abatement -CenVAT Credit, Central Excise

[guna ch]

Dear Sir

We are manufacurer of valves and fittings

1. We are paying the service tax @12.36% (75% Abatement) on GTA under reerse charge mechanism.

is this service tax can we trated as CENVAT for our Excise Returns

2. we are paying  service tax to our srvice providers  on jobwork and testing charges . is this service tax can claim as CENVAT for Excise

3. as same as we are paying st on telephone charges

Kindly suggest me is this can we cliam as CENVAT for Excise

 

 

Posts / Replies

[Pradeep Khatri]

First of all you would have to take an undertaking from the transporter that he is not availing the CENVAT credit on Inputs, Input services and on capital goods since your are availing the abatement @ 75% on the value of the bill.

Now replies to your queries:-

1. Up to the place of removal you may avail the CENVAT credit.  If the terms are FOR even then you may avali the CENVAT credit.
2. If the jobwork and testing charges are included in the assessable value of the finished, then, you may avail the CENVAT credit otherwise not.
3. On Telephone charges, (on landlines and on Mobile phones), you may avail the CENVAT credit.

 

[guna ch]

Thank You Sir

 Kindly send me the notification rearding the above if any

Can i refer CENVAT Rules 2004

 

 

[Pradeep Khatri]

Yes, you may refer the CENVAT credit Rules, 2004.