SERVICE TAX -GTA

[HITENDRA DAVE]

We are manufacturing company, What will be rate of service tax on GTA for receipent as per new rule? Whether 75% abatment is applicable for receipent? after deposit 25% same we can take credit ?

AI Summary

Manufacturing Firm Queries Service Tax on GTA Services; Clarification on 75% Abatement and CENVAT Credit Rules Explained A manufacturing company inquired about the service tax rate on Goods Transport Agency (GTA) services for recipients under new rules, questioning the applicability of a 75% abatement and the possibility of taking credit after depositing 25%. One response clarified that credit is available if a declaration from the transporter confirms no CENVAT credit on trucks. Another response explained that if the company falls under the specified category per Notification 30/2012-ST, it must pay tax on 25% of the freight at a 12.36% rate, provided no CENVAT credit is taken on inputs, capital goods, or input services.