09 February 2012
We are pharma manufacturing co. We have excice registration but we do'nt have Service Tax registration. Shall we have to Pay service tax on the freight outward bills from our own?
12 February 2012
You are falling under the specified person for the payment of Service Tax under the Reverse Charge Mechanism in respect of GTA Service. You have to take registration and discharge service tax on freight. Please note that you have to pay service tax not only on outward freight, but also on all kind of freight.
CAclubindia
