We are transport agent and transport the goods by road on behalf of consignor or consignee. our turnover is more than 20 lacs.
now i want to know we are liable to register for service tax no. and charge service tax on our billing?
or
is it exempt 29/2008-Service Tax, dated 26.06.2008.
As per notification 36/2004 dated 31/12/2004, the service receiver is liable to pay service tax in case of transport of goods by road in a goods carriage where the CONSIGNOR or CONSIGNEE is a company registered under The Companies Act,1956. If both of the consignor and consignee are companies who is liable to pay service tax.
Value of goods sold by a service provider , while providing service[if separately disclosed and no credit is taken in resct of that goods], is exempted
What is the logic behind this exemption ...........
freight charges including service tax are paid by the consignor i.e. supplier of the material and same is charged in the bill for the purchase of the material. whether buyer can avail cenvet credit of service tax paid by the supplier.
I am starting a new job consultancy. do i need to hire/own a office or i can furnish my home address in ST1 form. Since it would be a sole proprietorship.
Not necessary--> but if you know current charges for new registrations , please do furnish. not necessarily.
Dear Sir,
we r in service Industries,
We have raised Training charges + Service Tax Invoice to Party,
But Party saying that don't inculde Service tax amt,we are not paying service tax amt,
In that case,what we will do? any rules and regulation in service tax .
please advoice us
Thanks
Basavaraj
I need to know that service tax is applicable for fee for appearing before the Income tax for releasing the seized documents. Thanks.
For utlization of input service taxa gainst liab., first the payment to vendor needs to me done of the invoice amount and service tax amount.
In case of advance payment to vendors, how the same to be dealt with?
I just want to know whether service tax on Rent of Immovable property is still going on or it is withdrawn.
I am a fresh Chartered Accountant. I want practice and to be a specelise in Service Tax & VAT. Please guide me what I have to do and How to go about it. Such as what books to read ect...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
SERVICE TAX ON TRANSPORT OF GOODS BY ROAD