Freight outward and inward & transportation charges
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 October 2016
Dear Sirs,
1) We are a pvt ltd company and taking vehicles on hire basis from local transporters to delivery our materials to our customers. at the end of the month they are giving details to make payment to them. we are making payment to them after 15th of every month.
2) We also are having our own vehicle and we are delivering materials by our own vehicle also.
3) And we are taking vehicles from local transporters to bring raw materials to our factory and we are making payment to them.
In connection to the above please guide me the service tax effects and procedure and making payment of service tax.
Please do the needful.
Thanks & Regards,
Thirumalesh.P
1) We are a pvt ltd company and taking vehicles on hire basis from local transporters to delivery our materials to our customers. at the end of the month they are giving details to make payment to them. we are making payment to them after 15th of every month.
2) We also are having our own vehicle and we are delivering materials by our own vehicle also.
3) And we are taking vehicles from local transporters to bring raw materials to our factory and we are making payment to them.
In connection to the above please guide me the service tax effects and procedure and making payment of service tax.
Please do the needful.
Thanks & Regards,
Thirumalesh.P
Sandeep Dharar
(Expert)
26 October 2016
U have to pay service tax on 70% of the value of service. And u can't claim Cenvat Credit for that. U have to pay the whole amount in cash only.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- Rent agreement of House of deceased person
- IMS (import of goods) ITC related
- Gift to nri relatives resides in usa
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation error
- GST ITC as per notification 12/2023- central tax
- LLP audit and disclosure
- GSTR9 Annual Return
- Ito add credit side of bank
- 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
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- 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
- How to pay remaining amount of TDS after due date?
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
