Reverse charges

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

22 April 2014 At what % service tax should be deducted on GTA under reverse charges if GTA is not registered under service tax.

Since as per 30/2012 person liable to pay to GTA is also liable to pay service tax (100% under reverse charges) provided service receiver is specified entity

But as per notification 26/2012 : abatement of 75 % only available to GTA those are not taking CENVAT credit on input , input service & capital goods taken for providing output service
But GTA those are not registered under service tax are not eligible for CENVAT thus as per my opinion in above mention case we shout pay service tax @ 12.36%

Pls provide your valuable advice

Thank to all

Amit Kumar thakur

KUMAR trp707@gmail.com

KUMAR trp707@gmail.com (Expert)
Follow

22 April 2014 1 GTA Service receiver payable only.

2 the receiver only on 25% on gross @12.36% average 3.09% liable S Tax as per abatement notification 30/2012-st.

3 GTA service category only not eligible avail of CenVat credit taken.