14 February 2013
WE ARE MANUFACTURER, BEING PURCHASES MATERIALS FROM VARIOUS SUPPLIERS. THESE SUPPLIERS ARE SENDING MATERIALS THROUGH TRANSPORTERS . WE ARE PAYING TRASNPORTER BILLS REGULARLY.
WHAT IS RATE OF SERVICE TAX ON TRANSPORTER PAYMENT.
14 February 2013
take rebate 75% on freight and pay 12.36% on balance 25% freight. and then take cenvat credit of this service Tax and utilize with excise duty setoff.
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