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
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Service tax- gta
Replies (2)
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..
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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