Is service tax registration mandatory for proprietorship trading company?
Chirag (Manager) (21 Points)
23 January 2017Chirag (Manager) (21 Points)
23 January 2017
Nagendra Hegde
(Chartered Accountant)
(1948 Points)
Replied 27 January 2017
Service tax liability in case of services by way transportation of goods by an GTA would be on the specified persons who is liable to pay freight.
The specified person include A factory, registered society, a body corporate, a dealer of excisable goods registered under Central Excise, any partnership firm,
Being a proprietor, you are not liable to pay service tax on GTA services received, unless you are a dealer registered under central excise.