Service tax applicability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2012
MY CLIENT HAS PROPRIETOR COVER UNDER FACTORY ACT.HE RECEIVE RAW MATARIAL THOUGH TRUCK.WHETHER HE LIABLE UNDER SERVICE TAX AS INPUT SERVICE RECEIVE.TOTAL FRIGHT INWARD AMT. RS.1507840/-
10 July 2012
Yes, he will be liable for service tax
10 July 2012
The following persons are liable to GTA service w.e.f 01.07.2012 as service receiver . i) Factory registered under or governed by Factories Act,
(ii) Company established by or under the Companies Act,
(iii) Corporation established by or under any law,
(iv) Society registered under the Societies Registration Act or similar law,
(v) Company-operative society established by or under any law,
(vi) Dealer of excisable goods, registered under the Central Excise Law, or
(vii) Any body corporate established or partnership firm registered by or under any law.
Therefore after availing 75% abatement, the factory has to discharge the service tax liability. Pl see the reverse charge provisions.
(ii) Company established by or under the Companies Act,
(iii) Corporation established by or under any law,
(iv) Society registered under the Societies Registration Act or similar law,
(v) Company-operative society established by or under any law,
(vi) Dealer of excisable goods, registered under the Central Excise Law, or
(vii) Any body corporate established or partnership firm registered by or under any law.
Therefore after availing 75% abatement, the factory has to discharge the service tax liability. Pl see the reverse charge provisions.
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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 einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
