GTA Query

Ajay s (Accounts Officer) (243 Points)

24 January 2011

We have paid 38,979/- to a GTA Provider. In that 979 is service tax amount.

We have taken 979 as input credit and adjusted but not paid any service tax

My querry is how much we have to pay as service tax on the above.?

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5 Replies

Pankaj Arora (Learner) (3134 Points)
Replied 24 January 2011

YES you have to pay service tax because reversal of entry under GTA input can not be adjust against service tax liability

Ajay s (Accounts Officer) (243 Points)
Replied 24 January 2011

Thanks pankaj

But please expain for what amount as Gross and how much ST

Pankaj Arora (Learner) (3134 Points)
Replied 24 January 2011

As you said you paid 38979.00(gross amount) including st and st 979.00

Chinmay (Accounts Professional) (356 Points)
Replied 24 January 2011

That means GTA Service is partially taxable.......

But you are necessary to pay that liability before taking credit

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 24 January 2011

Originally posted by : Ajith Kumar
	We have paid Rs.38,979/- to a GTA Provider. In that 979 is service tax amount. We have taken 979 as input credit and adjusted but not paid any service tax My querry is how much we have to pay as service tax on the above.?