Service tax by a courier service provider

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student

21 Points Posted on 07 December 2013

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: 165 times

Replies (1)

ACCOUNTANT

413 Points Posted on 08 December 2013

(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