02 September 2010
Under the provisions of the Finance Act,1994 pertaining to the Service Tax , the liability of the service tax is of two types viz., by the Service Provider and by the service availer. GTA is such service. The following entities are required to pay the service tax and obtain the service tax regn. as a service Enjoyer. (i) Factory registered under or governed by the Factories Act,1948 (ii) Company formed or registered under the Companies Act,1956 (iii) Corporation established by or under any law (iv) Society registered under Societies Registration Act or similiar law (v) Co - Op. society established by or under any law. (vi) Dealer of Excisable goods, registered under the Central Excise Law (vii) Any body corporate established or a partnership firm registered by or under any law.
In the above mentioned cases, the Transporter has not to charged ST and the Service Availer has to assess the ST liability , obtain the regn and comply the provisions of ST.
CAclubindia
