Service tax on GTA

[Mridul Sethi]

Pls clear me,

1. About the limits of Rs.750/- & Rs.1500/- in case of GTA.

2. Also, is every assessee liable to GTA service tax is eligible for exemtion of 75%

AI Summary

Service Tax Exemptions Detailed for Goods Transport Agencies: Consignment Charges, Eligibility, and TDS Implications Under Section 194C The discussion focuses on service tax exemptions for Goods Transport Agencies (GTA) regarding consignment charges. If the freight for a single consignee is Rs. 750 or less, or if the total freight for multiple consignees in a single carriage is Rs. 1500 or less, no service tax is levied. A 75% exemption is available from 1st March 2008. The GTA must declare eligibility for exemptions in the consignment note. Questions arise about determining single or multiple consignments and how to handle unknown transporters. The forum also discusses the applicability of TDS under section 194C for payments to GTA.