What is the rate of service tax of Freight Inward?
Sumit Sehrawat (Article) (28 Points)
13 August 2010What is the rate of service tax of Freight Inward?
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 13 August 2010
COMES UNDER GTA (only if transport is through road) SERVICE LIABLE FOR 10.3%. HOWEVER ABATEMENT IS AVAILABLE FOR 75%.
REGARDS,
MANOJ