Sum of the Purchase party provide Transport charges partly in the bill itself, & the remaining is provided by the transporter. So my question is whether i have to pay service tax on that remaining amount or on the whole amount.
Our booking system is. we debit gross transport charges & credit bill transport charges. & the TDS is decucted on gross part.
26 May 2008
in my opinion, service tax on gross amount will be provided. creditor charging freight in bill (which he must have paid in advance to transporter) also amounts to payment of transport charges.
CAclubindia
