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Service tax by a courier service provider

Queries 519 views 1 replies

Dear All,

Request you to Kindly address my Query Below-

  • Company A is a Courier Service Provider.
  • It delegates its Work to Company B to deliver the parcells in some specific locations of the country.
  • Company B raises Month -wise bills to Company A.
  • Company A pays to Company B after deducting TDS.

As per my understanding, since Company B provides Door to Door Services so it is liable to pay ST as a Courier Service Provider.

Kindly throw light on the following-

  • What shall be the percentage of STax for 2013?
  • What What shall be the percentage of STax for other periods attached in the file?

 

Thanks in advance for your help.

Regards,

Anibha


Attached File : 534492 1258500 bill issued to company a.xlsx downloaded: 155 times
Replies (1)

(C)       Rate of Tax & Accounting Code:

 

Rate of Tax

Accounting Code

Service Tax

10% of the value of services

00440014

Education Cess

2% of the service tax payable

00440298

Secondary and Higher Education cess

1% of the service tax payable.

00440426

Other –Penalty/interest

As levied or applicable

00440018


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