What will be rate of service tax on GTA for receipent as per new rule? Whether 75% abatment is applicable for receipent?
purav radia (executive) (36 Points)
05 July 2012What will be rate of service tax on GTA for receipent as per new rule? Whether 75% abatment is applicable for receipent?
Parihar Gopal
(Corporate Taxation )
(392 Points)
Replied 05 July 2012
EXISTING PROPOSED
|
Financial Leasing Service |
10 |
10 |
|
Transport of Goods & passengers by Rail |
30 |
30 |
|
Convention Center or Mandap with catering |
60 |
70 |
|
Pandal or Shamiana with catering |
70 |
70 |
|
Transport of Passenger by Air |
40 |
40 |
|
Accommodation in hotels/guest house |
50 |
60 |
|
Transport of Goods by Road Service |
25 |
25 |
|
Chit Fund Service |
70 |
70 |
|
Rent – a – Cab Service |
40 |
40 |
|
Coastal Shipping |
75 |
50 |
|
Services by tour operator (Package Tour/Arranging accommodation/ Others) |
25/10/40 |
25/10/40 |
|
Construction of Complex/Building intended for sale where value of land is included |
25 |
25 |
Ajit kumar Dubey
(Taxation Manager)
(637 Points)
Replied 05 July 2012
CAclubindia
