If Transporter charge service tax on his bill, then on which amount service tax to be charge.
Example : Transporter bill amount Rs. 1000/- then he will be charge on 12.36 of 25% or directly on Rs. 1000/-
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How to calculate service tax by transporter on gta
Replies (2)
12.36% on 25% of 1000
Yes, it will be on 25% of the transporting bill. Since 75% abatment is allowed as for expenditure so only 25% consists of service. Accordingly charge service tax @ 12.36% on (25% of Bill)
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