Service tax registration

A private limited company is liable to pay service tax on freight on road transport - in such case does it need to obtain service tax registration if gross freight amount is less than 10lacs? Does it include both freight inward and freight outward?

Replies (4)

yes shipra,

 

it includes both inward and outward

Originally posted by : Shipra Agarwal

A private limited company is liable to pay service tax on freight on road transport - in such case does it need to obtain service tax registration if gross freight amount is less than 10lacs? Does it include both freight inward and freight outward?

Thanks Ankit!

Please tell whether the limit of 10lacs apply for getting registration?

 

Deae Shipra,

 

No, the basic exemption limit wont be applicable in your case since, the tax is being paid by the service receiver.

 

- Ankit

Receipent of service will pay the service tax on transport of goods by road under reverse charge system. SSI exemption will not available under reverse charge system.

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