25 September 2013
good evening experts . if I want to open my new Transport business.then sir as per RCM service tax will deposit by service receiver behalf of us. then sir is IT compulsery that I will take service tax registration.
2-if my total service provided more then 10 lakh. then yet i will take st registration
25 September 2013
Goods transport service provider is not liable to pay service tax as GTA service is covered under reverse charge mechanism as per notification 30/2012-ST. Even if total amount of service provided exceeds Rs. 10 lacs, exemption is available.
But GTA service provider needs to avail service tax registration & should file the return.
CAclubindia
