Service tax on GTA

CA Abhiram Bharat. (Assistant Manager Taxation)   (508 Points)

05 July 2011  

please let me know at the earliest the followings.

1. in GTA the reciever 9x Ltd)is liable to pay service tax(as per rule 2(1)(d)) after claiming 75% abatement on the value of service.

but since if the transporter (who is the GTA ) furnishes his PAN, then, in terms of 194C of I.T. act, TDS is not liable to be deducted by the service reciever(X ltd) ?

is my view correct.

 urgently needed.

kind regards

abhiram bharat