Dear All ,
There is an agent who is invoicing us for Transportation chgs with 12.36% on it. He is arranging vehicle for us, he doesn’t have his own vehicle.
Pls suggest if we are liable to Pay 25% ST as per reverse charge???
Can he charge ST in his invoice for 12.36%
Regards
Yes, since GTA service is covered under Full Reverse Charge. The Service Tax is payable by the person liable to pay Service Tax (belonging to specified category-Body Corporate, Factory, Society, Partnership Firm) and located in Taxable territory.
ST should not have been charged by agent. You should ask for a credit note for the same.
Rohit KC Jain & Co
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
