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service tax on freight

This query is : Resolved 

27 January 2011 in case of loss of goods in transit due to transporters mistake, we used to make payment after deducting the value of loss to transporter. in such a case on which amount we have to pay service tax
a. on gross amount?
b. After deducting loss value from bill amount i.e net only?
reply early?

27 January 2011 On gross amount.

28 January 2011 can i have any further explaination for the above??

28 January 2011 this would be on actual amount only i.e. net. Further, pls note that you have also booked the expense only to that extent paid to the transporter.

18 April 2011 Agree with Mr . H . Reddy

Thanks


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