Nitesh Kumar (Consultant) (42 Points)
07 July 2010Hi,
Whether service tax liability is being borne by service receiver in case of transportation/freight. whether any exemption is available for receipent of transport service.
Shyam Lal Naik
(Service)
(6156 Points)
Replied 07 July 2010
Service tax is borne always by the service receiver. In case of GTA service, in specified circumstances, the consignee/consignor, who ever pays the freight is made liable to pay the tax and follow other formalities.
75% of the value is exempt. Freight < = Rs. 650, exempt. There is exemption to specified goods as well.
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