In which case a company is liable to pay service tax on payment made to transporters?
Regarding Service Tax Liability?
Vikash Kumar (Manager Accounts (CA. Final)) (694 Points)
17 December 2010
Vikash Kumar (Manager Accounts (CA. Final)) (694 Points)
17 December 2010In which case a company is liable to pay service tax on payment made to transporters?
Divya K S
(CA)
(289 Points)
Replied 17 December 2010
According to Rule 2(1)(d) of Service Tax Rules, if services are provided by a goods transport agency, then the service recepient is liable for service tax payment being the service recepient is a company, manufacturer, Society, Co - Operative Society....
Divya K S
(CA)
(289 Points)
Replied 17 December 2010
According to Rule 2(1)(d) of Service Tax Rules, if services are provided by a goods transport agency, then the service recepient is liable for service tax payment being the service recepient is a company, manufacturer, Society, Co - Operative Society....
Vikash Kumar
(Manager Accounts (CA. Final))
(694 Points)
Replied 17 December 2010
is there any exemption limit?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 19 December 2010
no exemption is available for GTA services however 75% abatement is available i.e u have to pay service tax on 25% of gross GTA
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
CAclubindia
