Service tax on transportation of goods by road

This query is : Resolved 

09 September 2011 QUESTION: ONE CONSIGNOR SENDS THE CONSIGNMENT TO A SINGLE CONSIGNEE AND PAY FREIGHT AMOUNT RS. 1,300/- FOR FULL TRUCK.

WILL SERVICE TAX BE PAYABLE ON THIS TRANSACTION OR THIS TRANSACTION IS EXEMPT, SINCE AMOUNT PAID IS LESS THAN RS.1,500/- FOR FULL TRUCK.

09 September 2011 The amount will be liable for service tax

The criteria for single transaction is Rs. 750/- only and in total it should not exceed in totality Rs. 1500/- in a year to claim exemption under such transaction.

09 September 2011 If total amount charged for all consignments carried in a goods carriage exceed Rs.1,500/- or amount charged on each individual consignment exceeds 750/-, then service tax liability arises.
By this, you can claim exemption, because the gross amount charged for whole carriage does not exceed Rs.1,500/-.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query