In a recent ruling relating to the admissibility of CENVAT credit on outward transportation services from the factory to the customer’s premises in case of a freight-on-road’ contract, the Larger Bench of the Chennai Customs Excise and Service Tax Appellate Tribunal (CESTAT) has passed an interim order allowing credit of service tax paid on goods transportation services in such circumstances, and in so doing distinguished the Supreme Court decision in the case of Ultratech Cement.
Source PwC
