Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

Rcm

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

21 June 2016 I had a query related RCM in service tax.
I am the Service receiver taking services from a Goods Transport Agency, The GTA is not raising any service tax amount in the bill But I had paid 30% service tax claiming 70% abatement on GTA services.
Now please tell me whether I m correct or not and how to show all this things in Tally.
Waiting for reply.
Thanks in advance

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

21 June 2016 You are right. If you are a service provider keep the service tax paid under liability and claim cenvat on it. In case of trader charge it to expenses.

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

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

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

CCI Pro

Meet our CAclubindia PRO Members

Pro Member krishna

krishna

Pro Member BARUN PAL

BARUN PAL

Pro Member Phani

Phani

Pro Member SHRI HARIRAO

SHRI HARIRAO

Pro Member office docs

office docs

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

26 May 2026

CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details

ARTICLESHIP 27 May 2026

CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details

22 May 2026

Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details

29 May 2026

Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details

ARTICLESHIP 04 June 2026

Article

Rakhecha & Co.

New Delhi

CA Inter

View Details

18 May 2026

MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details

21 May 2026

Associate

PWC

Kolkata

CA

View Details

ARTICLESHIP 09 June 2026

Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details