OUR TRANSPORTER OM LOGISTIC LTD CHARGING SERVICE TAX ON 25% OF BILL AMOUNT. NOW THE QUESTION IS THAT IS THEIR ANY OUR LIABILITY TO DEPOSIT THE SERVICE TAX ON THIS AMOUNT
04 August 2013
AFTER THE NEGATIVE LIST REGIME, UNDER RCM, THE LIABILITY OF SERVICE TAX ON GTA SERVICE LIES WITH PERSON RECEIVES THE SERVICE AND HENCE BEING LIMITED COMPANY THEY MIGHT HAVE CHARGED SERVICE TAX. IN MY OPINION, BASED ON THE FRIEGHT BILL WHERE ST IS COLLECTED, YOU WILL NOT FACE PROBLEM.
DURING AUDIT, DID YOU FACE ANY PROBLEM FROM THE DEPT?
CAclubindia
