Dear Sir
The company newly Open Warehouse/Depot and they have paid freight on outwards. in this regards they have need to pay service tax on GTA. if yes pls provide us latest Service tax Notification No.
Regards
Kiran Satdive
kiransatdive (Education) (103 Points)
03 February 2013Dear Sir
The company newly Open Warehouse/Depot and they have paid freight on outwards. in this regards they have need to pay service tax on GTA. if yes pls provide us latest Service tax Notification No.
Regards
Kiran Satdive
suraj gahlout
(student)
(47 Points)
Replied 04 February 2013
yes u have to pay s.tax as per reverse charge mechanism. if u r a company. kindly refer notification no. 30/2012 dated 20/6/2012 of s. tax..
Manoj Agarwal
(Service Tax Consultant Rourkela ServiceTaxExpert@yahoo.com)
(3456 Points)
Replied 06 February 2013
If the freight paid is less than Rs. 1500 per truck/vehicle, then no tax is payable.
Otherwise, if you are a firm, company, society, factory, registered dealer under central excise, and you are liable to pay freight, then you must pay ST on 100% value of taxable service vide not. no. 30/2012. The benefit of abatement of 75% under noti. no .26/2012 is not available to you as service recipient.
Regards,
tax2001-it @ yahoo.com
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