Cenvat credit on GTA

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

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..... credit 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 .....

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..... 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 outw .....

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..... ard 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 par .....

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..... t or none.
Discussion Forum - Knowledge Sharing .....

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