Service on gta
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2014
Sir,
When the service provider like M/s GATI Ltd.,M/s Blue dart who are charging service tax on full amount without claiming abatment, whereas some transporter like M/s VRL are charging service tax on 25% of freight claiming 75% as abatement. My question is
1) whether we as registered under excise should pay S.T on balance 75% which they have claimed abatement. (Reverse machinism)
2) Can we take credit of S.T. charged in those bill of M/s VRL.
3) Some transporter are not charging S.T on which i am paying S.T. availing benefit of abatement @ 75%.
Note : This is with reference to inward of goods.
Kindly clarify.
Thanks in advance
When the service provider like M/s GATI Ltd.,M/s Blue dart who are charging service tax on full amount without claiming abatment, whereas some transporter like M/s VRL are charging service tax on 25% of freight claiming 75% as abatement. My question is
1) whether we as registered under excise should pay S.T on balance 75% which they have claimed abatement. (Reverse machinism)
2) Can we take credit of S.T. charged in those bill of M/s VRL.
3) Some transporter are not charging S.T on which i am paying S.T. availing benefit of abatement @ 75%.
Note : This is with reference to inward of goods.
Kindly clarify.
Thanks in advance
14 March 2014
1. You do NOT have to pay the service tax. Abatement means exemption from service tax.
2. You can avail CENVAT credit of the service tax charged by the transporter in his invoice.
3. Your practice of paying service tax after availing abatement is correct.
2. You can avail CENVAT credit of the service tax charged by the transporter in his invoice.
3. Your practice of paying service tax after availing abatement is correct.
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- TDS Challan Code
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- Agriculture income or business income
- 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
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
