GTA
This query is : Resolved
02 December 2010
Hello....... My doubt is am a manufacturer and i pay Transport charges for my raw materials and finished goods... Now my GTA raises invoice for say 1000. Now i can take abadmnt and calculate st ( 250*10.3% )na...... Now i pay Rs.25 to Department as cash..... Now i should pay Rs.975 to my GTA or Rs.1000 in toto????? And shall i take Input on such GTA paid?????? If i an take am i eligible for GTA paid on FG transfer also?????
02 December 2010
Dear SHIv,
in the above case you should pay 1000 to the GTA and paid Service Tax of Rs. 25.
For the Transport charges of Raw material you can take the Input Credit.(For Service Tax Amount)
in the above case you should pay 1000 to the GTA and paid Service Tax of Rs. 25.
For the Transport charges of Raw material you can take the Input Credit.(For Service Tax Amount)
Message likes :
1 times
02 December 2010
Rs. 1000/- to TA & Rs. 25 to government.
Message likes :
1 times
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
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- BIS Certificates
- Last year TDS Claim
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
