Whether Goods Transport Agency is eligible to take exemption under Notification 6/2005-Service Tax i.e. Basic Exemption limit of Rs.10,00,000/-
CA Hiren Satasiya (CA) (36 Points)
03 June 2011Whether Goods Transport Agency is eligible to take exemption under Notification 6/2005-Service Tax i.e. Basic Exemption limit of Rs.10,00,000/-
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 06 June 2011
Yes as a service provider he is entitled to the exemption for services provided to parties who are not specified.
The reciver of service who is liable under reverse charge would notbe eligible for the 10 lakhs exemption.