One of my client wants a registration for giving his trucks on hire to the companies. under which category does it fall?
Menu
Service tax registration
Replies (8)
while registering search for a category relating to "hire of transport vehicles"
I appreciate your answer but i could not find any such service in the list. Kindly provide the serial number.
goods transport operators (service code - 435) or transport of goods by road (service code - 456).... i hope this fulfills your need.
Dear Mayur,
In my opinion, if service receiver is GTA then service provider who is providing service of hiring trucks is exempt from service tax under mega exemption notification 25/2012.
Thanks
hello Pooja,
Appreciate Your answer but actually it falls under other services. it's not goods transport agency but it's giving vehicles on hire for fixed monthly rent.
Appreciate Your answer but actually it falls under other services. it's not goods transport agency but it's giving vehicles on hire for fixed monthly rent.
Hiring of Truck is not covered under GTA Service .. The broad category under which this service falls is " Hiring , Leasing and Licencing of Goods" The accounting code is 00440445 and the specific category of service is "Services provided by any person in realtion to supply of tangible Goods"
If the trucks are supplied to GTA then full exemption is granted from levy of Service Tax under Mega Notification No 25/2012
Thanks Pramod. I think that's the perfect answer. Appreciate.
Recent Topic
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
Related Topics
CAclubindia
