In which case a company is liable to pay service tax on payment made to transporters?
In which case a company is liable to pay service tax on payment made to transporters?
According to Rule 2(1)(d) of Service Tax Rules, if services are provided by a goods transport agency, then the service recepient is liable for service tax payment being the service recepient is a company, manufacturer, Society, Co - Operative Society....
According to Rule 2(1)(d) of Service Tax Rules, if services are provided by a goods transport agency, then the service recepient is liable for service tax payment being the service recepient is a company, manufacturer, Society, Co - Operative Society....
is there any exemption limit?
no exemption is available for GTA services however 75% abatement is available i.e u have to pay service tax on 25% of gross GTA
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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