Gta

This query is : Open

saurin (Querist)
Follow

24 January 2012 if there is reimburesment of freight expense then who will bear liability of service tax payment under GTA...

For Example : X ltd buys from Y ltd and freight is paid by Y ltd which is reimbursed from X ltd then who is liable to pay service tax...?

U S Sharma

U S Sharma (Expert)
Follow

26 January 2012 when frieght is paid by Y, Y is liable to pay service tax.

Y can reimburse the freight from X including service tax,

saurin

saurin (Querist)
Follow

26 January 2012 if y reimburses freight including service tax then who can take credit of the same...?

provided that service tax is not mentioned on bill ...

Upgrade to CAclubindia Pro. Subscribe Now!