Can we avail Service tax input credit on goods inusrance, vehicle inurance & plant and machinery insurence

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Experts, we are manufactures Service Providers we have centralized Service tax registration, pls. give your valuable replies for below mentioned queries with indicating rules. 1. we insured o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ur vehicles which carry goods and staff, can we claim service tax input credit on vehicle insurance? 2. we insured plant and machinery and goods, can we claim service tax input credit on this? pleas .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e give your valuable advises on the above two issues as early as possible. thanking your sirs. BR// Benarjee G - Reply By yash arya - The Reply = Dear Sir, Under Rule2(1) of Cenvat Credit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Rules ,Input service means input services used for providing taxable output service or used by manufacturer, directly or indirectly, in relation to manufacture or clearance of final product upto the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... place of removal. Hence,Insurance for machinery,building and transportation of inputs, capital goods and final products upto place of removal (except insurance of motor vehicle used for staff etc) is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eligible for cenvat credit. Trust this would suffice. - Shekar Rajagopal - Can we avail Service tax input credit on goods inusrance, vehicle inurance & plant and machinery insurence - Query Sta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rted By: - Srivatsan Krishnamachari Dated:- 23-6-2014 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X