TMI BlogService Tax exemption on certain GTA ServicesX X X X Extracts X X X X X X X X Extracts X X X X ..... Service Tax exemption on certain GTA Services - Commentaries / Editorials Dated:- 5-1-2009 - News - Government has fully exempted certain taxable services from service tax, provided to a goods trans ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... port agency (GTA) by their sub-contractors. A notification, No.1/2009-Service Tax , to this effect was issued by the Department of Revenue, Ministry of Finance, here today. These services are gene ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rally used by the GTA during the course of transport of goods. The specified services are :- (i) clearing and forwarding agent service; (ii) manpower ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... recruitment or supply service; (iii) cargo handling service; (iv) storage and warehousing service; (v) business auxiliary service; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (vi) packaging activity service; (vii) business support service; and (viii) supply of tangible goods service. . The tax on tr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ansportation of goods by road is on the gross amount of freight charges (after allowing abatement of 75%) which includes the expenditure incurred on above services. Since no credit is available to GT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... A services, separately charging tax on these input services leads to double taxation, which would be mitigated now. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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