Service tax on transport of goods contract -urgent
This query is : Resolved
CA Dipak Dama
(Querist)
27 July 2012
Dear Experts
What is the liability of s. tax and who is liable to pay in below mentioned case ??
Altd is giving the 2 contract to B Firm (Partnership Firm)
1. Loading of Limestone from mine
2. transportation of lime stone from one place to other place ....
in our case B firm is sub contracting certain small small GTA for arranging these two contract
in above mentioned two contract are we (B Firm) liable to get registered under service tax and pay service tax on reverse charge mechanism
or
ultimate receiver of service i.e. Altd is libale ????
Thanks in Advance
What is the liability of s. tax and who is liable to pay in below mentioned case ??
Altd is giving the 2 contract to B Firm (Partnership Firm)
1. Loading of Limestone from mine
2. transportation of lime stone from one place to other place ....
in our case B firm is sub contracting certain small small GTA for arranging these two contract
in above mentioned two contract are we (B Firm) liable to get registered under service tax and pay service tax on reverse charge mechanism
or
ultimate receiver of service i.e. Altd is libale ????
Thanks in Advance
Amol S Joglekar
(Expert)
27 July 2012
Firm need not get registered. Let A ltd do it on reverse charge basis. (If B firm's service contract is HUGE, it is advisable to get registered under service tax. This will have other LATENT benefits.)
Suresh Mittal
(Expert)
27 July 2012
Service Tax Liability is on the specified person who is paying to the GTA. So, in my opinion B is liable.
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