Service tax payable by provider or receiver on gta
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2012
As per new amendment, serivce tax payable on nagative list by service receiver. my client is register under excise rule but he has no service tax no. he received GTA service & service tax paid by transporter as per transporter given bill with Freight + Service Tax. Transporter get Service tax no & he also paid service tax & filled service tax return. if tranporter collect tax on GTA & paid, is it legal after 1 july 2012 or mandatory to paid service tax by service receiver. request to kindly advice.
03 July 2012
Under the reverse charge mechanism the liability is shifted to service receiver (100%) i.e specified person. But If the service provider (GTA) is already registered under the service tax act, and collected service tax on abated value means service receiver need not pay again. Please check whether the transporters are limited companies like TCI,GATI...
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