GTA REALETED

[SNEHAL SHAH]

Sir, We had payment to transporter for freight & this amount shows in balace sheet but we have no any documents proof on which basis this payemnt .Also we had not paid service tax & submit retrun on GTA . We are ready to pay interst and penaly but question is that without any proof of documents this payment valid or not ? SNEHAL SHAH ( [email protected] )

AI Summary

Freight Payment Validity and Service Tax on GTA Services: Understanding Documentation Requirements and Compliance Challenges A user raised a query about the validity of a freight payment to a transporter shown in the balance sheet without supporting documents and the non-payment of service tax on Goods Transport Agency (GTA) services. A tax professional responded, stating that service tax payment requires documentation, but if a transporter challan is unavailable, a consignment note with specific details could suffice. The user acknowledged the advice but indicated a lack of any related documents and sought further guidance on handling the service tax payment.