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REGARDING SERVICE TAX ON FREIGHT RELEATED TO EXPORT - Service TaxExtract Dear Sir, We are manufacturer and exporting our goods. We are paying service tax on inward as well as on ourward freight. My query is that while calculating service tax on GTA, can we deduct freight amount releated to export of goods. For example inward freight is 100000/- and Outward freight is 50000/- which includes Rs. 40000/- freight related to export of goods. Can we have to pay ST as per below: Inward freight = 10.3% on Rs. 100000/- = 10300.00 Outward freight = 10.3% on Rs. 10000/- = 1030.00 (50000 - 40000 = 10000) Is above calculation is correct ? Please also give clarification of Notf. No. 18 & 19/2009 dated 7.7.2009. For calculating service tax above is it necessary to submit declaration as mentioned in the above notifications.
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