Gta

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 December 2015 Private Limited Company is engaged in trading of textile garments, retail sales by having showrooms. It pays freight charges for goods received. In this case any, service tax will arise? If so, who will bear? Is there any monetary limit for freight paid to come within the purview of Service tax?The company has not registered with service tax authorities. Kindly let me know the details with procedure to follow.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

26 December 2015 1 Bering a company service tax liability under RCM arises on freight payment.
2 Company has to bear the service tax.
3 No service tax payable, if your freight charges for full truck not to exceed Rs 1500 and in case of multiple consignments your freight charges not to exceed Rs 750.
4 Register with service tax authorities and pay service tax.
5 On line service tax registration can be done through ACES site, procedure for registration clear instruction available in the site.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Lalan Kumar Jha

Sabyasachi Mukherjee

Poojitha Raam Vinay

Mukesh Singh

Krishna Kumar A

Subscribe Now

Gta

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

CA Final

GST CONSULTANT

GST CONSULTANCY

Accountant

Manager- Finance and Compliance