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Excise On frieght insurance and packing

Central Excise - Started By: - jitendra pal - Dated:- 3-9-2015 Last Replied Date:- 17-9-2015 - Sir,our Company is supplying hardware items to some state government electricity boardswhere we have two seprate orders one is for ex works price + excise + cst or vatand other order is for freight and insurance which is fixed and on average basisplease suggest if excise is applicable on fright and insurance amount also or not - Reply By Arun Kumar Singh - The Reply = Yes, the freight charges and insur .....

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t, 2002. However, in this case you are supplying finished goods, you can not avail Cenvat Credit of Service Tax paid as reverse charge for freight and service tax charged by insurance co. for insurance. The goods are delivered and factory gate is supposed to be point of clearance the credit of Service Tax finished goods after clearance is not admissible. You can only avail Service Tax paid for bringing your inputs in your Central Excise registered premises - Reply By Mukul Ved - The Reply = To f .....

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