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Saturday, 16 August 2014. CENVAT Credit for Goods Transport Service Receiver. As per the provisions applicable for GTA Service. This service is covered under Reverse Charge Mechanism; therefore, the service tax liability is. To be paid by the service recipient that being a manufacturer or a Service provider. There is an abatement of 75, therefore the service tax liability is payable on 25 portion. This being an Input Service, the cenvat credit of this service is also available. The amendment clarifies.CONTENT
This web page roshanthomasandco.blogspot.com states the following, "CENVAT Credit for Goods Transport Service Receiver." We saw that the webpage said " As per the provisions applicable for GTA Service." It also said " This service is covered under Reverse Charge Mechanism; therefore, the service tax liability is. To be paid by the service recipient that being a manufacturer or a Service provider. There is an abatement of 75, therefore the service tax liability is payable on 25 portion. This being an Input Service, the cenvat credit of this service is also available."