Service tax on transportation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2014
Our Company's turnover is below 1.5 Crore. We are not registered in Excise & service tax. And we are paying Freight Charges for goods transported. Is it necessary to take Service Tax Number for paying Service Tax on Goods transport agency?
15 January 2014
The tax is payable on reverse charge basis by consignor or consignee who ever pays the freight, if the consignor or the consignee is :
Factory, registered society, co-operative society, registered dealer, body corporate, partnership firm, LLP and association of persons.
Further the basic exemption of Rs.10 Lac is also not available in case of reverse charge.
Factory, registered society, co-operative society, registered dealer, body corporate, partnership firm, LLP and association of persons.
Further the basic exemption of Rs.10 Lac is also not available in case of reverse charge.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
16 January 2014
SIR, IN CASE OF A PROPRIETORSHIP TRADING COMPANY AND PROPRIETORSHIP FACTORY
16 January 2014
If the Service Receiver is Registered Factory the Service Tax will be paid by the Factory. But if the SR is prop. concern engaged in trading activities then the Service Tax will be deposited by the Service Provider.
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