Payment to transporters on purchase of goods

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 February 2014 We are an unregistered partnership firm.

We purchase goods from other states for which we are charged for freight by the seller (which is paid by seller but re imbursed from us by charging it to our account with them).

Our Query is are we liable to pay service tax, take registration for service tax or not ?

Please opine

Arun Kumar Singh

Arun Kumar Singh (Expert)
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06 February 2014 Partnership firm will pay the service tax on transportation of goods under reverse charge system.

Querist : Anonymous

Querist : Anonymous (Querist)

06 February 2014 What is the rate at which service tax is liable to be paid?

Also sir, do we have to get ourselves registered under Service Tax and also file returns semi annually for the same.

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Arun Kumar Singh

Arun Kumar Singh (Expert)
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06 February 2014 75% abatement is available for GTA services.