Service tax on freight charges
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 April 2012
Dear Sir,
I have a Trading unit.I am paying Freight Inward & outward above 10 lac.
I want to know that the service tax liability is my or Transporters.
I have a Trading unit.I am paying Freight Inward & outward above 10 lac.
I want to know that the service tax liability is my or Transporters.
06 April 2012
Liability to pay service tax is on the person who is paying frieght. THus since your are paying frieght you are liable to pay service tax on 25% of Value of taxable Service. In this case SSI exmeption of 10 lacs is not available. But first do check with the transporter also whether he had not paid service tax on it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
