Hai friends,
Let me know the about service tax on Transport Business (Rate and amount on which tax is leviable)
Satish
6 Replies
Shyam Lal Naik
(Service)
(6156 Points)
Replied 21 September 2007
Rate is 12% + 2% EC + 1% SHEC
75% abetment available subject to certain conditions
Mahesh
(CA)
(63 Points)
Replied 22 September 2007
HI Mahesh Here
Dear Satish
You have to bifurcate inward & outward Trasnport, then abetment & Service Tax. As you must be aware, outward trasport from the place of removal is not elegible for CENVAT credit
satynarayan tiwari
(Professional)
(78 Points)
Replied 22 September 2007
Hai friends
Let me tell about the additional depreciation on mfg. entity whether its applicbale to job work industry which engaged in jobing machine's related items
sorry frineds asked query in not proper group
Let me tell about the additional depreciation on mfg. entity whether its applicbale to job work industry which engaged in jobing machine's related items
sorry frineds asked query in not proper group
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