Pursuing CA (Working) (149 Points)
27 February 2010Dear All,
Please help me out with authentic information , my query is service tax is not charged by Transporter (contrator) in his bill we have neither paid service tax nor taken the input credit. Please suggest how to proceed now.
Thanks in advance.
Manish
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 27 February 2010
In The Case of Transporter, The Service Tax Been paid By Service Receiver Itself in Account of Govt..........
So U Hav to Charges ST on That Bill Issued by Transorter, Paid in Account of Govt............
& Take Service tax Number of Transporter.......
For. eg.
Bill For Rs. 10000/-
Then ST @ 10.3% * 25% = 257.5/-
So Pay 10000 to Transporter & 257.5/- to Govt. On Behalf of Transporter........
CMA.Baskar.V
(Cost Accountant)
(400 Points)
Replied 27 February 2010
This case covered by Goods Transport Agency service in Service tax taxable service list.
If Transporter not charged any service tax in his bill, then service receiver has to pay service tax on taxable amount.
In this case taxable amount will 25% on gross amount charged in bill and service receiver can cenvat credit against his out put tax.
by CMA.Baskar.V
Pursuing CA
(Working)
(149 Points)
Replied 27 February 2010
Dear Frnds,
Thanks a lot for the prompt reply,
Manish
Pursuing CA
(Working)
(149 Points)
Replied 27 February 2010
One more problem is there, Transporter didn't mention ST regn no, we have already make payment of few bills after decution of TDS 1% as he falls under individual categaory,
Pls help
CAclubindia
