When service tax paid on transporter's services ? ie. in the month of payment to transporter or bill booking? and wht amount is considered for calculation of 25% whether gross amount or net ie.after deduction of TDS?
Menu
Service tax
Replies (2)
Dear Sonal,
Service tax is to be paid ON PAYMENT in case of Transporters also..
Further, GROSS AMOUNT(inclusive of TDS) is to be considered for Service Tax purposes and for abatement of 25%
Well said Amir.....GRoss is to be taken for abatement of 75%.
service tax is on 25%
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
