Menu
Service tax on gta
HI EXPERTS...
We registered company we have received invoice from GTA with service tax, now we have to pay service tax to vendor(GTA) or it is falling under RCM( we have to pay Directly GOVT). I am in confusion please help me to understand the machanism.
GTA has service tax registration number.
Replies (2)
Hello,
You are covered under RCM as services are recived from GTA and you need to pay service tax on 75% and remaining 25% shall be charged by the provider fom you
imam,
As per Service Tax Rules, in GTA Service 100% Service Tax Payable by Service Receiver. If You have received bill from Transporter of Rs. 35000/- then Service Tax Payable are as follow..
Transport Charges 35000/-
Less : Abatement @ 70% 24500
---------------
10500
Service Tax @ 15% 1575/-
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
