Service tax on transportation
This query is : Resolved
29 June 2015
ABC Pvt Ltd company is having Transportation and custom clearance business.
The goods transported are basically agricultural goods and fruits i.e Onions, potatoes, mangoes, etc
The truck and Trailers for transport are owned by the directors in their individual name.
ABC Pvt Ltd is Paying a fixed amount on monthly basis to the directors for using theirs Trucks & trailers in the form of Hiring Charges.
and the ABC pvt ltd charges to thier clients in the form of
Transportation RS.XXX
Agency Charges Rs.XXX
kindly Advice whether the service tax should be charged only on Agency charges @14%
or it should also be charged for transporattion charges in the Form of GTA Services
The goods transported are basically agricultural goods and fruits i.e Onions, potatoes, mangoes, etc
The truck and Trailers for transport are owned by the directors in their individual name.
ABC Pvt Ltd is Paying a fixed amount on monthly basis to the directors for using theirs Trucks & trailers in the form of Hiring Charges.
and the ABC pvt ltd charges to thier clients in the form of
Transportation RS.XXX
Agency Charges Rs.XXX
kindly Advice whether the service tax should be charged only on Agency charges @14%
or it should also be charged for transporattion charges in the Form of GTA Services
29 June 2015
Since, goods being transported are agricultural produce, fruits etc., the service of GTA shall be exempt from service tax.
Service tax to be charges only on the agency charges based on the facts provided by you.
Service tax to be charges only on the agency charges based on the facts provided by you.
Message likes :
1 times
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- FORM 26A APPLICABILITY
- Value of property in capital gain
- SFT Cash Deposit in Current Account
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
