-CA SUDHIR HALAKHANDI
CA Sudhir Halakhandi (PRACTICING CHARTERED ACCOUNTANT) (13401 Points)
03 January 2009
-CA SUDHIR HALAKHANDI
CA CS Akashdeep Singh
(Practicing CA)
(1394 Points)
Replied 03 January 2009
No , consignor or consignee could not transfer their liability to GTA, if they are specified.
Definately, there is possibility of demand of tax if the same is paid through GTA though the liability of payment is of the Consignor or consignee.
rutambh
(.....)
(217 Points)
Replied 03 January 2009
GTA service tax still confusion that service tax to be paid on 25% or 100%.
rutambh
(.....)
(217 Points)
Replied 03 January 2009
GTA service tax still confusion that service tax to be paid on 25% or 100%.
Ritesh
(CA Final)
(326 Points)
Replied 04 January 2009
Hi, Mr.Rutambh
In GTA,Service Tax is paid by Service Receiver who pays Freight & also falling within the categories of 7 Specified persons.. Otherwise it is paid by Service Provider..
Service Tax will be charged @ 3.09%.Service Provider can't take the benefit of Cenvat Credit. Earlier Service provider had an option to take Cenvat Credit & Service Tax would have been charged @ 12.36%, but now with an amendment made, such option is no longer available & hence Service Tax has to be charged @ 3.09% only.
For Service Receiver, It is an Input Service & hence he can take the credit of Service Tax so paid by him on GTA Services apart from other Cenvat Credit available to him. But Service Provider can't take Cenvat credit anymore...
Ritesh
(CA Final)
(326 Points)
Replied 04 January 2009
Hi Mr. Sudhir Halakhandi,
I am in complete agreement wid Mr. Akashdeep.... Pls correct me if i am wrong....
PARDEEP KUMAR AGGARWAL
(PARTNER)
(286 Points)
Replied 01 June 2010
Clarify me the situation where The GTA owner is charging Service Tax on their invoices & the recepient is making payments to the GTA owner including Service Tax. In such a case, who will be liable to pay service tax.
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