22 June 2012
Your inquiry is not complete. However it is understood that you intend to know whether service tax is leviable on transaction of Rs. 1000/-.
There is a threshold exemption of Rs. 10 lacs to a service provider. If the service provider has crossed the threshold limit, then every Rupee earned as a consideration towards providing of services then , it will be taxable.
28 June 2012
Dayal sir, probably he is asking about ser tax applicable on freight amount of Rs.1000/-
Yes, mr vijaye anand, the service tax is payable on 25% of the freight amount of Rs.1000/-, if the freight amount is paid by you as consignor or consignee.
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