Service tax liability
This query is : Resolved
25 July 2012
Dear All,
Greetings of the day,
My question is this
*If I am a mfg. I sale my product & freight on sale is to pay basis.
Who will pay the service tax
A-BUYER
B-SELLER
if
1-Buyer is a Proprietor ship firm.
2-Buyer is a Partnership firm.
If there is any exemption please provide notification ,Rule,Act link & detail .
Greetings of the day,
My question is this
*If I am a mfg. I sale my product & freight on sale is to pay basis.
Who will pay the service tax
A-BUYER
B-SELLER
if
1-Buyer is a Proprietor ship firm.
2-Buyer is a Partnership firm.
If there is any exemption please provide notification ,Rule,Act link & detail .
25 July 2012
If the buyer is a partnership firm,the service tax is to be paid by Buyer under reverse charge. But if buyer is Prop. Firm, the service tax is to be paid by transport agency(by collecting from the Prop. Firm, as it is indirect tax). See NN-36/2012
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
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- TDS ON CASH WITHDRAWALS...
- Query regarding TDS on EPFO Higher Pension Arrears*
- Bank accounts of Non resident
- ITR Filing Requirement for Partnership Firm Registered but Business Not Commenced
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
