23 November 2015
i am working in custom house agent and generally received transportation bill of amount Rs. more than Rs. 1500 but transporter does not charged service tax in that bill my question is that whether i have to pay service tax under reverse charge method what % to pay service tax and how much TDS deduct if PAN no not mentioned on the bill.
24 November 2015
Yes, you are liable to pay service tax on transportation service received under reverse charge the s.t rate is 3.5% (i.e 14% - 70% abatement)
in case of TDS provision, if pan is not available of transpoter than tds should be deduct @ 20%
Querist :
Anonymous
Querist :
Anonymous
(Querist)
24 November 2015
But Pravin Ji, service provider does not charges service tax amount then still i can pay service tax amount 30% ( abated) Value.
CAclubindia
