Gta & identification of service
Querist : Anonymous
WHAT document is required to see & verify?
what supporting document can asked to transporter?
how to verify the service tax liability?
If they are not charging, the ultimate onus is shifted to service receiver and SR has to calculate the taxable turnover of 25% of the bill amount and pay 12.36% to the govt in separate challan.
Querist : Anonymous
Querist : Anonymous
E.g Transporter bill for the month Rs.10,00,000 (all are above Rs.750/- bills)
Less: Abatement 75% = Rs.7,50,000
Balance is the taxable turnover = 2,50,000.00
Service tax payable by Service Receiver =Rs.30,900.00
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