Service tax on gta

349 views 1 replies

Dear Professional Collegues,

Please let me know weather a Goods Transport Agency has to add service tax on 100 % taxable amount in Consignment Note (Lorry Receipt) @ 12.36% or on 25%  of taxable amount, if its taking abatement under notification no 26/2012-ST dated 20/6/12 & weather it has to mention in Lorry Receipt abount abatement if it charges service tax on such abated amount.

Thanks in advance.

Replies (1)

You will have to take 25% value of Lorry receipt value for service tax liability. No need to mention regarding service tax / abatment in the lorry receipt. The gross amount paid to GTA is considered as 100% value and value for ST is 25%.

Regards,

JMS

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details