Changes of good transport agency
This query is : Resolved
17 September 2012
What kind of changes arise of Service Tax on good transport Agency ( Transport BY Road Only) on 01/07/2012 please explain me as details.
Please explain me comparatively before 01/07/2012 & after 01/07/2012 with abatement value on Bill.
For example bill value Rs. 100/- previously I paid abatement 75% i.e Rs. 75/- So I PAID S/TAX (Rs.100-Rs.75/-) = Rs.25/-S/TAX paid on Rs.25/- @12.36% i.e Rs.3/- as per Notification No. 33-34/06 can I want to know in this case what the change after 01/07/2012
VERY URGENT SIR.
Please explain me comparatively before 01/07/2012 & after 01/07/2012 with abatement value on Bill.
For example bill value Rs. 100/- previously I paid abatement 75% i.e Rs. 75/- So I PAID S/TAX (Rs.100-Rs.75/-) = Rs.25/-S/TAX paid on Rs.25/- @12.36% i.e Rs.3/- as per Notification No. 33-34/06 can I want to know in this case what the change after 01/07/2012
VERY URGENT SIR.
17 September 2012
Yes, currently the manner is same which you described in example. YOu need to calculate the service tax on the 25% amount of gross amount charged by the GTA, However the 100% of service tax liability is on the service receiver who receives the service of GTA as per S.No. 2 of the table to Notification No. 30/2012-ST dt. 20.06.2012.
18 September 2012
Yes agreed with the above reply
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
