What will be the rate of service tax for month of Feb'09 onwards in the case of GTA & can we take set off on service tax paid on Courier & Postage bills if they have charged in the bills.
What will be the rate of service tax for month of Feb'09 onwards in the case of GTA & can we take set off on service tax paid on Courier & Postage bills if they have charged in the bills.
Dear Bharat,
I donot understand what do you want to say. please write me full detial of your case. my email id is sachinagarwalcallb @ gmail.com
For service availed before 24.02.2009- 3.09%; after that 2.575%.
GTA is required to be paid in cash. Credit can not be availed to pay GTA. However, if GTA is an input service, taxes paid are available as cenvat credit.
R P S K & Associates
Nashik
CA Inter
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