Service tax is payable under reverse charge
This query is : Resolved
Guest
Guest
(Querist)
17 December 2015
whether service tax is payable under reverse charge by the company registered under excise and sales tax, when in purchase invoice FREIGHT is separately shown and in note it is mention- "Transporter arranged on behalf of buyer and freight reimbursement claimed. TDS, if applicable, has been deducted from payment to transporter at appropriate rate"....???
17 December 2015
First thing is that if you are purchasing and in the purchasing invoice if the seller is collecting freight from you then you need not pay service tax on GTA through RCM. Because Service tax on GTA is to be paid only when Freight is paid by you directly to the Transporter not by reimbursing. It is the seller who should pay Service Tax on GTA.
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