Tax liability

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Kirparam Pokhriyal (Querist)
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29 October 2012 We are traders of plastic raw materials in uttarakhand & purchase goods from delhi & other state. We pay freight charge to transporter, should we have registered in service tax or not & how much tax should be deposited. Any notification please help us.

CA Sahil Singla..

CA Sahil Singla.. (Expert)
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29 October 2012 Sir

If you are one of the following then you have yo pay service Tax at the rate of 12.36% on 25% of Freight amount-

1. If partnership Firm or
2. If already registered with Central Excise
3. If you are a Company under Co. Act. 1956

If any one condition is satisfied, then you have to obtain Service tax No. & pay tax

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Kirparam Pokhriyal

Kirparam Pokhriyal (Querist)
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30 October 2012 Dear Sir,

We are proprietor firm. we are eligible for obtaining service tax no.or not.

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CA Sahil Singla..

CA Sahil Singla.. (Expert)
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30 October 2012 Sir

If your prop. firm is registered under central Excise, then you have to obtain ST no. otherwise no requirement.

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