Transportation (gta)
This query is : Resolved
05 January 2015
Respected Sir,
i want to know that if i receive material by way of transportation and i send material to another company by way of sale. in both case i want to know that exempt amount of service tax under service tax on gta.
Regards
Sushant
i want to know that if i receive material by way of transportation and i send material to another company by way of sale. in both case i want to know that exempt amount of service tax under service tax on gta.
Regards
Sushant
PRADEEP KUMAR VATS
(Expert)
05 January 2015
Dear sushant
As GTA is entitled to exemption of 75% value subject to condition of non claiming credit, in the case of reverse charge mechanism you can also taken the same exemption and pay the service tax on 25% value.
Regards
Pradeep Kumar
As GTA is entitled to exemption of 75% value subject to condition of non claiming credit, in the case of reverse charge mechanism you can also taken the same exemption and pay the service tax on 25% value.
Regards
Pradeep Kumar
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Tax on Amount transferred in HUF Account
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
