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SERVICE TAX ON FREIGHT COLLECTED FROM CUSTOMER

Service Tax - Started By: - piyush agarwal - Dated:- 20-5-2017 Last Replied Date:- 25-5-2017 - I am a manufacturing unit. I have issued a excise invoice and charge freight seperately on the invoice. i have collected 12 lac as freight from customer an .....

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ces. - Reply By piyush agarwal - The Reply = I have paid service tax on 10 lac paid to GTA under RCM. Now again i am liable to pay any service tax? - Reply By Himansu Sha - The Reply = The amount paid to GTA agency is liable for tax. Such amount shou .....

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A - Reply By Rama Krishana - The Reply = I concur with the views of Mr. HimanshuThis amount may not be liable to central excise nor would be chargeable to service tax - Reply By Rama Krishana - The Reply = But, obviously you may be liable to service .....

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o pay neither excise nor service tax on any amount of freight collected from customer as service by transportation of goods other than GTA and courier agency is exempt under negative list. Since service is covered under negative list hence I am not s .....

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rvice provider, service receiver and consideration. As per ST law, Service Tax on ₹ 12 lakhs is required to be deposited with Govt. If not paid, SCN demanding ST along with interest and penalty will be issued. Freight amount is ₹ 12 lakhs .....

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- Reply By KASTURI SETHI - The Reply = Sh.Pyuish Aggarwal Ji,. In case ST is not paid on balance amount of freight and SCN is not issued within prescribed time limit, let me know on this forum. I shall be happy to gain knowledge from you. - Reply By .....

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Himansu Sir. 2 lac is profit element in transportation and same cannot be charged to service tax. - Reply By KASTURI SETHI - The Reply = There is a lot of difference between Central Excise Valuation method and Service Tax valuation method. It is with .....

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rist is seeking remedy. Naturally querist will tilt towards the beneficial side. Ball is not in the court of experts or querist.At present, ball is in the court of Service Tax Department, Govt. of India. Let us see which way the winds blow. We are ex .....

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