Serice tax under rcm on gta
This query is : Resolved
01 December 2015
Company A is selling the goods to company B. The freight is paid by A and it is charged by A in its invoiced raised on B and it shown separately in the invoice. Will A be liable to service tax under reverse charge mechanism on the freight or will it be the liability?
02 December 2015
A must be paying service tax under RCM on invoice received from GTA. When transportation charges are recovered by A from B, it cannot be said to be services provided by GTA as A is not GTA. May claim exclusion from service tax under Negative list entry.
03 December 2015
Sir, so it means that the person who makes the payment to GTA is liable to pay the tax even if the invoice is not in the name of the person making the payment?
03 December 2015
Sir, so it means that the person who makes the payment to GTA is liable to pay the tax even if the invoice is not in the name of the person making the payment?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
