Calculation
This query is : Open
10 May 2013
How will the service tax be charged on godown rent??
I mean rate, any abatement, who will pay (service provider or receiver) ?
and what about a good transport agency providing transportation and also godown rent??
I mean rate, any abatement, who will pay (service provider or receiver) ?
and what about a good transport agency providing transportation and also godown rent??
CA Vikas Acharya
(Expert)
10 May 2013
ON godown rent normal tax liability no abatement payable by SP,
On GTA, abatement 75%, tax on 25% part. payable by SR. no cenvat credit available
On GTA, abatement 75%, tax on 25% part. payable by SR. no cenvat credit available
Message likes :
1 times
10 May 2013
and If a GTA is providing godown facility along with transportation.
How will the service tax charged??
Will it form part of transportation cost or separately as godown rent??
How will the service tax charged??
Will it form part of transportation cost or separately as godown rent??
CA Vikas Acharya
(Expert)
10 May 2013
depending on the invoices you made, in case a combined invoice is made, it will be treated as bundled service.
and accordingly treatment will be done.
check section 66F
OR google 'service tax edu. guide' and search for bundled service in that file,, u will get the ans.
and accordingly treatment will be done.
check section 66F
OR google 'service tax edu. guide' and search for bundled service in that file,, u will get the ans.
Message likes :
1 times
10 May 2013
hello vikas , one more query
I saw an invoice as follows
1. Transportation charges.....39398
2. Towards godown charges.......210
service tax (12.36% of 25% of 39398)
what about Rs. 210 ?? Any service tax will be liable on 210 if yes than at what rate??
hello vikas , one more query
I saw an invoice as follows
1. Transportation charges.....39398
2. Towards godown charges.......210
service tax (12.36% of 25% of 39398)
what about Rs. 210 ?? Any service tax will be liable on 210 if yes than at what rate??
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Import Order Cancelled.
- IMS (import of goods) ITC related
- Royalty payments to the Mining Department for procurement of murum - GST input
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
