Service tax on transport of goods contract -urgent
This query is : Resolved
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
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.)
27 July 2012
Service Tax Liability is on the specified person who is paying to the GTA. So, in my opinion B is liable.
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 validation error - Balance sheet is not filled
- Bank Accounts in Balance Sheet for ITR 3
- ITR 1: Details for showing Exempt Income
- TDS ON CASH WITHDRAWALS...
- In Exports Sales HSN details where to fill
- TDS 194R on GST effected
- Income of an individual
- 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
