Just a moment...

Report
ReportReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Report an Error
Type of Error :
Please tell us about the error :
Min 15 characters0/2000
TMI Blog
Home /

Service Tax exemption on certain GTA Services

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ervice Tax exemption on certain GTA Services <br>News and Press Release<br>Dated:- 5-1-2009<br><BR>Government has fully exempted certain taxable services from service tax, provided to a goods transpor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t agency (GTA) by their sub-contractors. A notification, No.1/2009-Service Tax, to this effect was issued by the Department of Revenue, Ministry of Finance, here today. These services are generally us....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ed by the GTA during the course of transport of goods. The specified services are :- (i) clearing and forwarding agent service; (ii) manpower recruitment or supply service; (iii) cargo handling ser....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....vice; (iv) storage and warehousing service; (v) business auxiliary service; (vi) packaging activity service; (vii) business support service; and (viii) supply of tangible goods service. . The ta....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....x on transportation of goods by road is on the gross amount of freight charges (after allowing abatement of 75%) which includes the expenditure incurred on above services. Since no credit is available....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... to GTA services, separately charging tax on these input services leads to double taxation, which would be mitigated now.<BR> News - Press release - PIB....