Goods transport agency
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 August 2014
Is the consignee( being the person liable to pay freight) required to deposit service tax @ 25% of the transportation services received, if service tax is not charged in the invoice?
Thanks in advance
Thanks in advance
30 August 2014
Reverse charge is applicable in case of services provided by GTA.
If the person responsible for payment of freight is a specified person then he has to pay service tax under reverse charge.
Abatement of 75% is available in case of GTA and can be availed
If the person responsible for payment of freight is a specified person then he has to pay service tax under reverse charge.
Abatement of 75% is available in case of GTA and can be availed
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- LIC maturity claim whether taxable
- Journal entry of busniess expenses
- GST Rate for Catering Services
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
