Applicablity of Service tax

This query is : Resolved

CA Sanjay Baheti (Querist)
Follow

30 September 2010 Whether carting/ Freight/Transportation Income or receipts are subject to service Tax under service tax Act if total receipts are exceeding the precribed exemption limit in case of SSI.

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
Follow

01 October 2010 Most of the activities of transportation come under GTO- Operator/ owner services which are not covered under ST. ONLY GTA services are covered.
If you are a GTA the reciver of your service would be required to pay the ST as long as he is a specified person.

CA Arvind Singh Chawla

CA Arvind Singh Chawla (Expert)
Follow

02 October 2010 The SSI exemption for Service tax operates for GTA in 2 parts:

Where GTA( Transporter) is NOT liable to pay tax for eg. consignor/consignee is factory, company etc. : Turnover not added in SSI limit

Where GTA is liable to pay tax on cases not covered in above situation : Turnover added in GTA

It may further be noted that the turnover( freight) to be taken for computation is gross freight and should not be confused as after exemption (25%)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

siddhesh satardekar

santhosh singireddy

madhu sudan

RAJENDRA PARAKHI

kavita goel

Subscribe Now

Applicablity of Service tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA