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Is service tax registration mandatory for proprietorship trading company?

238 views 3 replies

Chirag

Manager

21 Points Joined January 2017

Respected Sir/ Madam Good Day……… I run one bellow stated proprietorship company Business Type: Trading of Chemicals & Organic Fertilizer Company Nature: PROPRIETORSHIP Annual Turnover: ~ 2 Crores I get transport Bill of ~ 80 Lakhs from Transporter annually. Some transporter having service tax registration, Some have no So i request you to know “is my Proprietorship trading company require to register in SERVICE TAX?”

Replies (3)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

208850 Points Joined July 2016

CA Rahul Agarwal

93 Points Joined November 2007

No registration is needed from your side.

Nagendra Hegde

Chartered Accountant

1948 Points Joined October 2012

Service tax liability in case of services by way transportation of goods by an GTA would be on the specified persons who is liable to pay freight.

The specified person include A factory, registered society, a body corporate, a dealer of excisable goods registered under Central Excise, any partnership firm,

Being a proprietor, you are not liable to pay service tax on GTA services received, unless you are a dealer registered under central excise.