Go AD-Free with CAclubindia PRO for Rs 167/Month Only. Subscribe Now!

Service tax on gta

Queries 820 views 3 replies

purav radia

executive

36 Points Joined May 2011

What will be rate of service tax on GTA for receipent as per new rule? Whether 75% abatment is applicable for receipent?

Replies (3)

Parihar Gopal

Corporate Taxation

392 Points Joined November 2009

3.09 % SAME AS PREVIOUS

Parihar Gopal

Corporate Taxation

392 Points Joined November 2009

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 Joined September 2008

Exemption is available but you also have to take a certificate form the service provider that he has not taken any CENVAT credit on inputs, capital goods and input services for providing the said service to you. It is mandatory, else there will be no exemption for you.