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?
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.