Servicetax on gta

Though there is no exemption by the Department from st on GTA but in case of export of goods exemption will be available as refund of service tax.

Dear Kiran,

Make the following journal entry:- (Assuming GTA charges Rs 100 for freight)

Freight Charges Dr Rs 100

Service Tax Receivable Dr Rs 3.09

To GTA Rs 100

To Service Tax Payable Rs 3.09

Originally posted by : Prateek Agarwal
	Dear Kiran, Make the following journal entry:- (Assuming GTA charges Rs 100 for freight) Freight Charges Dr Rs 100 Service Tax Receivable Dr Rs 3.09 To GTA Rs 100 To Service Tax Payable Rs 3.09

If Service Tax is payable on outward freight for which credit is not available, that portion of service tax paid need to be shown as expense,