Dear Friends,
We are an MSME manufacturing unit registered under Central Excise and availing cenvat facility.
Now we came to know about reverse charge rule of service tax through various sources and forums.
We are receiving these services:
1) GTA for bringing incoming raw materials from outside state - approx bill is Rs2000 to Rs 4000
2) GTA for bringing raw materials from local suppliers - approx bill is <Rs750
3) GTA for sending finished goods to our client located in the same city - approx bill <Rs750
4) Contractor supplying manpower whose turnover is <10lakh per annum.
Now my question is - are we liable for paying service tax? If so then for which of the above services?
We have still not taken the service tax registration number.
If we have not paid in the past and filed returns then what is the penalty? is there some way by which we can self assess and pay the amount so that penalty can be avoided?
Regards,
AK.
CAclubindia
