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Service tax on transportation
I have paid transportation for goods to transport agency more than 10 lakhs yearly. In this case who is liable to pay service provider or service recipent. On the other hand service provider is crossing the limit of rs.10 lakhs
Replies (4)
Hello Prashant ,
This is Prasanth ,regarding our query transportation services is to be taxable under reverse charge mechanism in such case the service recipent is required to pay service tax and you can be able to avail cenvat credit on such amount paid as service tax
😉
This is Prasanth ,regarding our query transportation services is to be taxable under reverse charge mechanism in such case the service recipent is required to pay service tax and you can be able to avail cenvat credit on such amount paid as service tax
😉
Thank you for your guidance, Further I would like to ask at what rate Service tax is to be paid by service recipent
Service rate @ 15% however 0.5% is for swatch bharath upon which no cenvat credit can be availed
Is there any abatment. How to calculate service tax on transportation
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