Dear All,
Please guide me for letest abatement notification no. for GTA service which will use for april 16 to sept 16 S.T. Return.
Thanks
Lalit Sangani (M.Com. Asst. Manager Account) (731 Points)
19 October 2016Dear All,
Please guide me for letest abatement notification no. for GTA service which will use for april 16 to sept 16 S.T. Return.
Thanks
Mahendra
(Chartered Accountant)
(154 Points)
Replied 20 October 2016
For filing service tax return of Apr to Sept 2016 you have to use notification no. 8/2015 in case if you followiang abatement rate of 70% (taxable 30%) sr.no. 1(iv).
If you are following abatement rate of 60% (Taxable 40%) in case of transportation of used household goods, then you have to use Notification 8/2016 Sr. No. 1(a)(v)
satya
(Executive Excise)
(1839 Points)
Replied 20 October 2016
dear Lalit,
Abatement Notification 26/2012-ST sl.no.7 for Goods Transportation purpose.
Lalit Sangani
(M.Com. Asst. Manager Account)
(731 Points)
Replied 21 October 2016
Dear Satya Sir,
currently abatment on GTA service is 70% and 30% is taxable, as per Mr. mahendraji, notificaion no. 26/2012 sl.no. 7 has replaced with new notification no. 08/2015 s.nl. 1(iv), I am also agree with Mahendraji, I am giving new notification details if this is incorrect for GTA service receiver please correct it:
https://www.indiabudget.nic.in/budget2015-2016/ub2015-16/cen/st0815.pdf
satya
(Executive Excise)
(1839 Points)
Replied 22 October 2016
ok, but, there is no problem mentioning Principle notification.
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