IS SERVICE TAX PAYABLE ON FREIGHT PAID ON PURCHASE OF MAIDA?
Kuldipsinh Jadeja
(Job)
(357 Points)
Replied 11 July 2015
As per Rule 2(1)(d) of Service Tax Rules, 1994, in caseof GTA services the person who pays the freight is liable to pay service tax under reverse charge mechanism. However, if the freight is paid (either himself or through his agent) by an individual/proprietorship firm or HUF then the service tax thereon shall be paid by the GTA itself.
karan jit singh
(Consultant)
(1299 Points)
Replied 12 July 2015
| Originally posted by : Ashwini | ||
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IS SERVICE TAX PAYABLE ON FREIGHT PAID ON PURCHASE OF MAIDA? |  |
INFO IS NOT SUFFICIENT TO ANSWER
karan jit singh
(Consultant)
(1299 Points)
Replied 12 July 2015
https://www.simpletaxindia.net/2015/04/servic-tax-under-reverse-charge-mechanism-updated-01.04.2015.htmL
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