Applicability of exemption limit on GTA

[Asked by Guest]

Whether threshold limit of Rs.4lac, which is now extended to Rs.8lac, is applicable to consignee service tax regn.holders taken regn. under goods procured by transport agencies? Also please clarify meaning of service tax regn.limit extended to Rs.7lac?

AI Summary

Exemption applicability: consignee or consignor recipients are excluded from threshold benefit; registration threshold relieves small suppliers.
The exemption threshold does not extend to a consignee or consignor who is liable to pay service tax as recipient of services; such recipients must register and discharge tax obligations regardless of low-value transactions. Conversely, general-category persons whose aggregate turnover does not exceed the stated registration threshold are not required to obtain a service tax registration certificate.