Gta layability of service tax
This query is : Resolved
11 June 2014
Dear Experts,
As we are registered in Service tax under GTA registration...
We are receiving Steam Coal.
Clearing agent is charging Transportation charges of Coal Rs.300 per Mt.we are found their LR copies enclosing with the Invoices at the end of the month on which they have mentioned that "service tax will be paid by the consignee".
There is no any such amount mentioned on the LR Copy.. but at the bottom of the Consignee copy the have mention the same thing "service tax will be paid by the consignee"
In this case whether the liability of service tax payment will be on our side??
we are already paying the service tax on such Invoice after availing the abatement 75% of the freight value..
whether we are liable for the 100% service tax or only for 25%
Pls give your reply to solve my query
Thanks!
Sohil Patel
Dear Experts,
As we are registered in Service tax under GTA registration...
We are receiving Steam Coal.
Clearing agent is charging Transportation charges of Coal Rs.300 per Mt.we are found their LR copies enclosing with the Invoices at the end of the month on which they have mentioned that "service tax will be paid by the consignee".
There is no any such amount mentioned on the LR Copy.. but at the bottom of the Consignee copy the have mention the same thing "service tax will be paid by the consignee"
In this case whether the liability of service tax payment will be on our side??
we are already paying the service tax on such Invoice after availing the abatement 75% of the freight value..
whether we are liable for the 100% service tax or only for 25%
Pls give your reply to solve my query
Thanks!
Sohil Patel
11 June 2014
According to Notification No 15/2012-ST dated 17.03.2012,
Reverse Charge Mechanism applied on GTA
In case of GTA service tax is to be paid service receiver direct to department. Service tax on transport is charge 25% of gross amount.
Reverse Charge Mechanism applied on GTA
In case of GTA service tax is to be paid service receiver direct to department. Service tax on transport is charge 25% of gross amount.
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