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Rate on service tax on freight

This query is : Resolved 

24 February 2013
WE ARE MANUFACTURER, GOODS ARE SUPPLIED BY SUPPLIERS THROUGH TRANSPORTERS .

THE CALCULATED SERVICE TAX WILL BE DEPOSITED BY US.

WHAT RATE WILL BE APPLICABLE ON THEIR BILLS.

PLEASE CLEARFY.

THANKS

VINAY KALE

25 February 2013 Hi

Payment of GTA Service effectively is @ 3.09% [(100 Rs. Freight-75% abatement)*12.36%]. However, payment is only required to be made in cash or bank. No CENVAT Credit can be used.

Thanks!!



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