Service tax and vat
This query is : Resolved
shivarudra
(Querist)
01 October 2015
HI
Please let me know applicability of Service tax and Vat on transportation charges paid or received
I am from Karnataka
Regards,
Shivarudra
9611270270
Please let me know applicability of Service tax and Vat on transportation charges paid or received
I am from Karnataka
Regards,
Shivarudra
9611270270
CA. RAVIKUMAR
(Expert)
05 October 2015
Service tax
if the transportation charges paid to Goods transport agency and consignment note is issued then you have to pay 3.5% of the transportation charges under reverse charge
For transportation charges received ST will be paid the party who pays pays freight to GTA
VAT
For the transportation charges paid you need not to worry because it is the burden of the suppliers who bills you
For the transportation charges receivable if it is billed in the goods invoice itself then VAT to be charged
If the separate invoice is raised for transportation then no need to charge VAT
if the transportation charges paid to Goods transport agency and consignment note is issued then you have to pay 3.5% of the transportation charges under reverse charge
For transportation charges received ST will be paid the party who pays pays freight to GTA
VAT
For the transportation charges paid you need not to worry because it is the burden of the suppliers who bills you
For the transportation charges receivable if it is billed in the goods invoice itself then VAT to be charged
If the separate invoice is raised for transportation then no need to charge VAT
CA. RAVIKUMAR
(Expert)
05 October 2015
Service tax
if the transportation charges paid to Goods transport agency and consignment note is issued then you have to pay 3.5% of the transportation charges under reverse charge
For transportation charges received ST will be paid the party who pays pays freight to GTA
VAT
For the transportation charges paid you need not to worry because it is the burden of the suppliers who bills you
For the transportation charges receivable if it is billed in the goods invoice itself then VAT to be charged
If the separate invoice is raised for transportation then no need to charge VAT
Warm Regards
CA.Ravi Kumar B
Partner
Ravi & Rakesh
Chartered Accountants
No.140 | “Swamy Krupa” | 5th Main | 7th Block
4th Phase | BSK 3rd Stage | Bengaluru-560 085
+91 85499 84801 | 080-41310091
www.ravirakesh.com
if the transportation charges paid to Goods transport agency and consignment note is issued then you have to pay 3.5% of the transportation charges under reverse charge
For transportation charges received ST will be paid the party who pays pays freight to GTA
VAT
For the transportation charges paid you need not to worry because it is the burden of the suppliers who bills you
For the transportation charges receivable if it is billed in the goods invoice itself then VAT to be charged
If the separate invoice is raised for transportation then no need to charge VAT
Warm Regards
CA.Ravi Kumar B
Partner
Ravi & Rakesh
Chartered Accountants
No.140 | “Swamy Krupa” | 5th Main | 7th Block
4th Phase | BSK 3rd Stage | Bengaluru-560 085
+91 85499 84801 | 080-41310091
www.ravirakesh.com
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
- Gst credit note by supplier
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- GST on reimbursement of expenses
- Equity Share Sale and Purchase
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
