Transportation service ta
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 February 2012
Dear expert
my quetion is- i clint is engaged in manufacturing process.and pay the transporter chrge like cartage outward and inward (above 750) and (below 750)in such bill are not mention any service tax.
so how can we calculation on serivce tax liablilty.
my quetion is- i clint is engaged in manufacturing process.and pay the transporter chrge like cartage outward and inward (above 750) and (below 750)in such bill are not mention any service tax.
so how can we calculation on serivce tax liablilty.
04 February 2012
Assuming you are company and since you are service receiver and paying freight amount for transportation, you are the person liable to pay service tax.......Freight amount below Rs. 750 is exempt from service tax...
Further abatement of 75% is allowed. Therefore, depending on the case, service tax shall be caluculated at 25% of the frieght amount . Present rate is 10.30%
Further abatement of 75% is allowed. Therefore, depending on the case, service tax shall be caluculated at 25% of the frieght amount . Present rate is 10.30%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Sale of property furniture sale
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
