Whether Service Tax is payable under GTA on the freight being capitalised on purchase of a fixed asset??
Whether Service Tax is payable under GTA on the freight being capitalised on purchase of a fixed asset??
Yes..the amount paid as freight attracts Service tax.
Thank You.
Whether capitalised or not, service tax attracts on the freight amount, after abatement.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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