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
Latest Posts in "India"
- BJD Urges Odisha Government to Cut VAT on Petrol, Diesel Amid Global Fuel Crisis Concerns
- Strategic Management of GST Credit Notes: Compliance, Timing, and Tax Implications for Finance Leaders
- Himachal Pradesh Assembly Approves VAT Bill, Permits Up to ₹5 Cess on Petrol, Diesel
- Karnataka AAR Allows ITC on Ancillary Expenses for Used Vehicles Sold Under Margin Scheme
- ISD Credit Distribution Allowed Only After ITC Eligibility Under Section 16, Rules Madras High Court














