Service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 May 2014 WHETHER THERE IS ANY DIFFERENCE BETWEEN A TRANSPORTER & GTA. I KNOW THAT REVERSE SHARGE MECHANISM IS APPLICABLE ON GTA BUT I DONT KNOW ABOUT TRANSPORTER. PLEASE TELL ME THE FULL TREATMENT OF SERVICE TAX IN BOTH THE CASES. AND WHAT HAPPENED WHEN A GTA PROVIDE TRANSPORTATION SERVICES BY ROAD TO COMPANY & PARTNERSHIP FIRM , WHETHER THEN REVERSE CHARGE IS APPLICABLE OR NOT.................. PLEASE TELL ME THE FULL TREATMENT IN SIMPLE WORDS

mtvcamba

mtvcamba (Expert)
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23 May 2014 1. Transporter has no Service tax liability as far the he provides only transportation service to the people listed in the point 2. If he provides service to individuals not covered in the list below then he has to pay for it.

2. GTA is payable by the recipient/ person paying for the transportation

(ii) provided or agreed to be provided by a goods transport agency in respect of transportation of goods by road, where the person liable to pay freight is,—

(a) any factory registered under or governed by the Factories Act, 1948 (63 of 1948);

(b) any society registered under the Societies Registration Act, 1860 (21 of 1860) or under any other law for the time being in force in any part of India;

(c) any co-operative society established by or under any law;

(d) any dealer of excisable goods, who is registered under the Central Excise Act, 1944 (1 of 1944) or the rules made thereunder;

(e) any body corporate established, by or under any law; or

(f) any partnership firm whether registered or not under any law including association of persons:

Further, Notification 33/2012 dt. 20-06-2012 provides the Exemption for Thresold limit of Rs. 10 Lac.

Querist : Anonymous

Querist : Anonymous (Querist)

23 May 2014 but this is applicable only in case of transportation by road. what happened in case of road and air.

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mtvcamba

mtvcamba (Expert)
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26 May 2014 In that case Service tax has to be collected and paid.