Transport / Having Trucks

[Dipak Karia]

Our Party having 4 Trucks, and he (Individual) is given to hire for Groundnut Husk and Cotton, also he is used his truck for his own trading. He is has to Service Tax? any abatement would be enjoyed? If he has to Pay, How much percent he has to pay and what Amount

Pl. Reply

Dipak Karia - Dhoraji

9426960560 

AI Summary

Transport Services Exempt from Service Tax for Individual Using Trucks for Personal Trading; No GTA Tax Liability An individual owning four trucks uses them for hiring and personal trading purposes, specifically for transporting groundnut husk and cotton. The inquiry concerns whether this activity incurs a service tax and if any abatements apply. The response clarifies that transportation services fall under the negative list, meaning they are excluded from service tax liability. Only Goods Transport Agency (GTA) booking agents would be liable for such tax, indicating no tax liability for the individual in question.