Tax liability

This query is : Resolved 

29 October 2012 We are traders of plastic raw materials in uttarakhand & purchase goods from delhi & other state. We pay freight charge to transporter, should we have registered in service tax or not & how much tax should be deposited. Any notification please help us.

29 October 2012 Sir

If you are one of the following then you have yo pay service Tax at the rate of 12.36% on 25% of Freight amount-

1. If partnership Firm or
2. If already registered with Central Excise
3. If you are a Company under Co. Act. 1956

If any one condition is satisfied, then you have to obtain Service tax No. & pay tax

30 October 2012 Dear Sir,

We are proprietor firm. we are eligible for obtaining service tax no.or not.

30 October 2012 Sir

If your prop. firm is registered under central Excise, then you have to obtain ST no. otherwise no requirement.


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