N GANESHAN. (CA FINAL STUDENT - PRACTITIONER) (921 Points)
08 October 2013Sir
One trader is required to pay lorry freight of more than a lakh to a carrier during this current financial year. As a trader he does not have any RC under Finace Act [ RC under Service tax}
How to pay the Duty here ST, to the Govt
?RC is to be applied for this reversal charge
Pl explain
Thanks
Prashant Kini
(Article Assistant)
(154 Points)
Replied 08 October 2013
Prashant Kini
(Article Assistant)
(154 Points)
Replied 08 October 2013
N GANESHAN.
(CA FINAL STUDENT - PRACTITIONER)
(921 Points)
Replied 08 October 2013
Sir-The further details are:
The trader is an Individual
The carrier issued only freight memo with out any Reg. certificate no. -Service Tax RC Not seen in the memo
Prashant Kini
(Article Assistant)
(154 Points)
Replied 08 October 2013
Pawan Mittal
(CA Final)
(711 Points)
Replied 09 October 2013
Dear Ganeshan,
As the person paying the freight is an individual therefore reverse charge will not be applicable here.
CAclubindia
