29 December 2014
We are a goods transport agency providing transportation services to Corporate clients. The service tax liability on GTA is discharged by corporate clients. We donot own any fleet of vehicles and hire vehicle from market and after adding our margin bill to the customers. My query is are we liable to pay service tax on vehicle hired from market?
29 December 2014
Services provided in relation to supply of tangible goods for use without transfer of possession and effective control were made a separate taxable service. Consequently, supply of goods carriages to goods transport agencies without transfer of possession was made taxable at the rate of 12.36 per cent (including education cess).