One of the company is an exporter trader & it also provide consultancy to its overseas clients ( registered under the catagory of "Business Aux. Services", with the dept.). It raised bill on a/c of consultancy and pay the service tax on it. It also avails the cenvat credits on all inputs . Recently it procured material and moved it to the port using the services of a transporter ( Paid to the transporter seperately). Now what will be the service tax liability on this company?
06 October 2010
If the trasporter is a truck owner or truck oeprator there is no liability. However if he is goods transprt agent then as reciver your com would have to pay the ST on 25% of the totalk amount.
CAclubindia
