GTA emphasis on "Consigment Note"

Queries 700 views 3 replies

Anand

Articleship

41 Points Posted on 05 February 2010

Good evening friends... Im in Ca Clubindia for the First time. Im eager to know and share in this platform....

GTA definition says "about carrier of goods by road and issues consignment note, by whatever name called"

The local transporters within a state are not under major requirement to issue a consignment note, they only give a bill or invoice with or without the details of consignor, consignee, goods transported, etc. Whether this will be considered as Consignment Note?

Will this amount to Service Tax Liability?

Replies (3)

Anand

Articleship

41 Points Posted on 05 February 2010

ANd this is similar to what Mr. Bhushan has asked 8 days ago... So Pls someone clarify us

Bhushan

Article

91 Points Posted on 06 February 2010

hey anand.. Refer this

Rule 4 B

Provided further that in case the provider of taxable service is a goods transport agency, providing service [to any person]²², in relation to transport of goods by road in a goods carriage, an invoice, a bill or, as the case may be, a challan shall include any document, by whatever name called, which shall contain the details of the consignment note number and date, gross weight of the consignment and also contain other information as required under this sub-rule.

Madhukar N Hiregange

Chartered Accountant

39039 Points Posted on 07 February 2010

The goods transport owner or operator is not liable to service tax. Only the booking agents ( GTA) who issue consiignment note are liable. At times there is a mix up.

If GTO then in my view no liability. See article by srikanth roa in the articles segment. We have explained in detail.