Menu
Gta
The GTA collect service tax on frieght. and the company ( recipient of seevice ) paid tax by claiming 75 % abatement.
is the GTA can issue Taxable invoice..??
How much amount the company can claim Cenvat as the company paid tax 'mentioned in the invoice' plus 'paid as recipient of service.' ??
Replies (2)
Lorry Receipt (LR) or consignment note is suffice to service receiver from GTA for payment of service tax. You can avail cenvat credit on the strength of service tax challan paid by you. So whatever you are paying service tax on the value of 25% will only be available as credit.
Regards,
JMS
Is the GTA can issue taxable invoice ???
if the company cn't take credit on tax portion mentioned in the invoice how the company recoup such amount ??
thx
Recent Threads
- Initimation on AIS
- GST on sponsorship from foreign body corporate
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
Related Threads
CAclubindia
