Service Tax on Transport
This query is : Resolved
04 January 2008
1) we purchase rise from dealer and export through ship. Delivery terms is FOB. In this case while purchase and sales service tax is liable or not what we paid for transport charges?
2) We rise sales invoice to Importer inclusive of transport cost.In that case while file VAT return we show FOB value(i.e., exempt transport and insurance from sale) or invoice value?
2) We rise sales invoice to Importer inclusive of transport cost.In that case while file VAT return we show FOB value(i.e., exempt transport and insurance from sale) or invoice value?
06 January 2008
Transport of Agriculture produce is exempt from service tax for services of good transport agency.
A notification in this regard has been issued
for VAT returns you have to show full invoice value
A notification in this regard has been issued
for VAT returns you have to show full invoice value
S.Srinivasaraghavan
(Expert)
28 February 2008
If your terms are only FOB and you are recovering only the transporter charge paid It is the FOB value which is the criterion.
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
