07 May 2015
As per new amendment abatement on GTA is 70%, and balance 30% are liable for RCM. Now the question how to pay service tax under if the bill received by the GTA IS already mention the service tax with the rate 3.708% (i.e after 70% abatement 12.36%) Basic charges - 44640 Service Tax (70% abatement) - 1656 Total bill amount - 46296
now whether we have to pay 46296 to GTA or only pay Rs. 44640/- to GTA and service tax to be paid under RCM Rs. 1656/-
10 May 2015
Under reverse charge, the absolute liability for paying service tax on service receiver, hence you have to pay basic charges and deposit service tax to govt
11 May 2015
means for the bill receive for Rs. 46296 including service tax of Rs. 1656, we have to pay only 44640 to GTA and balance we have to pay under RCM of Rs. 1656 If this is right then we have ti issue any certificate to GTA for the payment of service tax
CAclubindia
