QUERY

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2009 I HAVE 1 QUERY ABT THE SER.TAX
THAT SER.TAX IS TO BE PAID BY THE PROVIDER OF SERVICE BUT IN THE CASE OF GTA THE RECIVER IS LIABLE TO PAY TAX IT IS AN EXCEPTION TO THIS RULE.
SOME THINK LIKE THAT IS HAPPEND WE
(PVT CO.) HAVE RECEIVING SERVICE FROM THE TRANSPORT AGENCY FROM APR 09 SOME THINK AROUND 10 LACS OF WORTH
NOW THE PROBLEM IS THAT HOW TO PAY TAX TO DEPT. IS THERE REGISTRATION HAS TO BE DONE EVEN IF WE R NOT PROVIDING ANY SERVICE? WE R TRADER ONLY.PLZ TELL ME HOW TO RESOLVED IT?
& WAT WILL B THE SER.TAX PAYABLE? SHUOL WE HAVE TO COLLECT FROM GTA?

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
Follow

10 December 2009 yes you have to get registered with department to discharge the liability

Shyam Lal Naik

Shyam Lal Naik (Expert)
Follow

10 December 2009 You need to take registration, pay taxes, file return etc..

The amount of service is not relevant in this case.

The SSI exemption of Rs. 10 L is not applicable, when the service receiver is liable to make payment.

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2009 WAT WILL BE THE CALCULATION OF SER TAX?
MEANS IT IS TO BE COLLECTED FROM GTA?

K V Subba Rao

K V Subba Rao (Expert)
Follow

10 December 2009 It depends on your arrangement or Terms & Conditions with the GTA

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2009 ANS?

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2009 OK THANX TO ALL.

Shyam Lal Naik

Shyam Lal Naik (Expert)
Follow

10 December 2009 If the service providers (GTA) has collected the tax from you and has deposited the tax with the department, there is no need to re deposit the tax. How ever, you must obtain a written statement to this effect form the GTA.

For otyher cases, 75% of the value is exempted. You need to pay tax on 25% of the value @ 10.30%.

Upgrade to CAclubindia Pro. Subscribe Now!