Expert eadvise
Sir,
We are a pvt company (Logistics) and registered under service tax. We got a transport contract with another limited company. Now as per notification no. 30/2012 service tax is payable by service receipient. And we are the service providers.
Now as per EXPLANATION -I in the notification it is mentioned that the person who pays freight for the transportation of goods by road in goods carriage shall be treated as the person who receives the service for the purpose of this notification.
Now pls explain me what is the meaning of that? Now since we got the contract who is liable to pay service tax?
and this word "Freight confuses a lot?
Pls explain
VERY URGENT SIR
Thanks & regards
Sushant
CAclubindia
