Chartered Accountant
116 Points
Joined May 2008
The scope of the service covers any service provided by the goods transport agency in relation to transport of goods by road in goods carriage. Goods Transport Agency is any person who provides service in relation to transport of goods and issues a consignment note ( by whatever name it is called). The consignment note should be serially numbered and it should contain name and address of the consignee and consignor, registration number of the goods carriage in which the goods are transported, details of the goods transported, details of the place of origin and destination, person liable for paying service tax, whether consignee or consignor or the goods transport agency.
Exemptions:
1. Notification No.32/2004 dated 03.12.2004– Abatement of 75% on the gross amount charged for providing the service, subject to the condition that no credit of inputs or capital goods is availed while providing such service. This Notification has been rescinded vide Notification No.2/2006 dated 01.03.2006. However, the same benefit of abatement is provided vide Notification No.1/2006 dated 01.03.2006
2 Notification No.33/2004 dated 03.12.2004– Exemption to transport services rendered by an agency in relation to vegetables, fruits, eggs and milk
Notification No.34/2004 dated 03.12.2004– Exemption to GTA – subject to condition that amount charged is Rs.750 / Rs.1500
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