Service tax on gta
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2012
Let's say if I as a consignor am a proprietory concern while my GTA is a company then do I have to pay service tax or is the GTA that is required to pay it?
Also if the GTA includes service tax in the invoice itself then do I still have to pay service tax separately as a service recipient under reverse charge mechanism?
Also if the GTA includes service tax in the invoice itself then do I still have to pay service tax separately as a service recipient under reverse charge mechanism?
03 July 2012
1.Consignor is required to pay Service tax only if it is (a) a factory (b) a company (c) a corporation (d) a society (e) a co-operative society (f) a registered dealer of excisable goods (g) a body corporate or a partnership firm.
AS you are none of the above you are not liable to pay service tax.
2.If you are paying service tax as service recipient then you can avail cenvat credit on the same(abatement @ 75% can be claimed )
3.IF GTA is charging service tax in bill then you should not paid service tax again to government.
AS you are none of the above you are not liable to pay service tax.
2.If you are paying service tax as service recipient then you can avail cenvat credit on the same(abatement @ 75% can be claimed )
3.IF GTA is charging service tax in bill then you should not paid service tax again to government.
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2012
Thank You so much
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