Gta

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2016 our company deals with company for transporting of their raw material from rly siding to their plant and i have already registered with service tax as a good transport service . can i bounded for GTA Service and what is the service tax rate for this kind of service? (30% for me -70% for party ) or 100% ST paid by the party?

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 May 2016 Only one party has to pay service tax on 30% value. No service tax payable on 70% value. If you are a goods transport agency issuing consignment note then only service tax applicable on this service.