St on freight by mfg

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 September 2016 Dear Experts,
We are mfg concern not service provider hence not registered in ST, on transportation of raw materials transporter is asking us to pay 30% ST under RCM as we are not registered in ST how can we pay ST. Pls guide us weather we need to take ST registration only to pay 30% ST or not,

Regards
Karan

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

26 September 2016 Yes take ST registration only to pay 30% ST.

Querist : Anonymous

Querist : Anonymous (Querist)

26 September 2016 Sir i think i case of RCM if we are under
SSI then No Need to obtain ST Registration
Given the fact we are 100% mfg hence it should not be applicable to us?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

26 September 2016 If you are a company then RCM applicable. Pay the service tax and claim refund as you are a SSI unit.

Querist : Anonymous

Querist : Anonymous (Querist)

26 September 2016 Sir,
Actually one of my friend who is contractor in his case RCM also applicable but as he is availing SSI exemption No is paying his 50% ST portion,
is this correct,

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

27 September 2016 Yes this is correct..............

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