We are receiving stock through VRL Transporters who are charging serivce tax in their challana. My doubt is whether I have to pay invoice value including service tax or not and my liability regarding service tax payment to Department. How should I suppose to do in this regard? advice me.
Menu
Person liable to pay service tax on gta
Replies (1)
Assuming you are not a proprietorship firm having registered as dealer under central excise act, the transporter shound not charge service tax in bility/LR. You are required to deposit the service tax directly to the government exchequor vide GAR-7 Challan @ 3.09% of freight value.
For more details, you may follow this link:
https://clubindia.com/articles/service-tax-on-gta-a-guide-19063.asp
Recent Threads
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
Related Threads
CAclubindia
