Warehouse service

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 January 2013 A company send us goods to their warehouse and we supply goods as per their instructions. our role is to keep safe their goods and input and output management of stock.
company pay us as per input / output quantity.
should i file service tax return. if yes, what percentage should I charged ?

RENGARAJ R.K

RENGARAJ R.K (Expert)
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30 January 2013 It is coming under clearing forwarding agent category. The commission income based on the turnover or fixed income or service charges whatever name you call, is taxable @ 12.36% and there is no abatement. After taking RC and raising bills with service tax, service tax return has to be filed.