Service receiver is liable to pay ST on GTA services received by a company...Can they take input credit of ST paid (on electricity, telephone, consultancy bills) to pay ST on GTA services in case of a manufacturing concern producing excisable goods.
Deepika (finance head) 27 March 2010
Service receiver is liable to pay ST on GTA services received by a company...Can they take input credit of ST paid (on electricity, telephone, consultancy bills) to pay ST on GTA services in case of a manufacturing concern producing excisable goods.
Ghanshyam Jha (Service) 31 March 2010
Payment of Service Tax as receipent in case of GTA, you can't get claim input credit of ST paid on other service/Inputs. But service Tax paid in case of GTA, you may claim setoff against other service tax payable.
vijender parmar (Advocate) 18 January 2011
Should a company own the trucks/vehicles for Becoming GTA or there is any other way