Dear Sirs and or Madams
What is the rate of service tax payable on Shiiping Company's freight amount from 1.6.2016?
Under which category of service it falls?
What is the rate of abatement?
Thanks and kind Regards
Valerian
Valerian Dsouza (Manager Audit & Taxation) (413 Points)
31 May 2016Dear Sirs and or Madams
What is the rate of service tax payable on Shiiping Company's freight amount from 1.6.2016?
Under which category of service it falls?
What is the rate of abatement?
Thanks and kind Regards
Valerian
E.KALAIKOVAN
(Sr. Accounts Manager )
(340 Points)
Replied 31 May 2016
Taxable Service - Transport of Coastal Goods / Transport of Goods by Vessel
Abatement 70% Taxable 30%