Service tax on transportation arrangement
This query is : Resolved
20 January 2016
Kindly advise me regarding the applicability of the Service Tax on Outward Transportation.
Suppose. The scenario as follows : i am selling a product to customer for that i make an arrangement of transportation & unloading services to the destination through some contractor. But i am not showing it separately in the invoice raised to the customer and i am collecting VAT on full basic amount ( which includes these transportation and unloading charges also ).
Thanks
Suppose. The scenario as follows : i am selling a product to customer for that i make an arrangement of transportation & unloading services to the destination through some contractor. But i am not showing it separately in the invoice raised to the customer and i am collecting VAT on full basic amount ( which includes these transportation and unloading charges also ).
Thanks
20 January 2016
If you are engaging a GTA you are liable to pay service tax under RCM.
20 January 2016
No, sir
here we are three parties 1. Seller(me) 2.Buyer(my client) 3. transporter(GTA)..
in this case i am selling goods to my client by arranging transporter(gta) and paying freight along with service tax as carriage outwards.
but the query is whether i should charge any amount to my client for arranging the GTA while invoicing for my sale...?
and is it k if i am invoicing for single value of sale of goods without any charges and ST?
here we are three parties 1. Seller(me) 2.Buyer(my client) 3. transporter(GTA)..
in this case i am selling goods to my client by arranging transporter(gta) and paying freight along with service tax as carriage outwards.
but the query is whether i should charge any amount to my client for arranging the GTA while invoicing for my sale...?
and is it k if i am invoicing for single value of sale of goods without any charges and ST?
20 January 2016
And what will be the case if i collecting(reimbursing) the same freight from my client...? should i pay any ST/VAT on that freight.
21 January 2016
It is okay you can charge single value sale of goods.
In case of reimbursement of freight no ST payable treating it as pure agent.
In case of reimbursement of freight no ST payable treating it as pure agent.
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
