26 September 2014
dear sir I cannot under stand about up to Rs750.00 per carriage, Rs1500 per goods carriage exempted & 75 abatement available Please carify me with example Thanks & regards Rajendar Singh
26 September 2014
AS per Mega Exemption Notification No. 25/2012-ST has exempted low value consignments from the levy of service tax, as follows: (a) Where the gross amount charged for the transportation of goods on a consignment transported in a single goods carriage is upto Rs 1,500/-; or (b) Where the gross amount charged for transportation of all such goods for a single consignee in the goods carriage is upto Rs. 750/-. The goods transporter is liable to pay service tax only on 25% of value of freight claimed. 75% value is exempted.
27 September 2014
Carrying consignment of goods belonging to single person in a single carriage and charging up to Rs. 1500. is exempted from service tax (may be for a short distance). Carrying multiple consignments of different persons and same person but the total charge of single person is exempted up to Rs.750.
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