29 August 2011
One of my client is paying the freight charges when their goods bought are transported. So as a recepient of service he is liable to collect & pay ST from Service Provider.
Now, my question is whether the threshold limit of Rs. 10 lakh is applicable to my client or the freight carriage company. The freight carriage company is a small service provider and the net earnings from service do not exceed 10 lakh. Also the net expenses incurred by my client also does not exceed Rs. 10 lakhs.
CAclubindia
