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SERVICE TAX ON GTA, Service Tax |
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SERVICE TAX ON GTA |
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AS PER EARLIER PROCEDURE WE ARE PAYING SERVICE TAX ON GTA BY TAKING 75% ABETMENT ON GTA. I.E WE ARE PAYING SERVICE TAX ON 25% ON GTA VALUE EVEN AFTER 1.7.2012. PLEASE CONFIRM WHETHER WE ARE FOLLOWING CORRECT PROCEDURE. IS THEIR ANY CHANGE IN GTA PROCEDURE AFTER 1.7.2012. IS ABETMENT IS TILL ALLOWED FOR GTA ?
Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
You would have to take the declaration from the Transporter that while providing such services, they have not availed the CENVAT credit on Capital goods, Inputs or on Input Services, if you intent to avail the abatement.
Yes , please refer to Abatement Notification no 26/2012 dated 20-06-2012 Page: 1 Old Query - New Comments are closed. |
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