Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Excessive delay in issuing show cause notice &... TaxTMI Rectification: Show Cause Notice quashed for period... TaxTMI Investor locked into long-term capital gains bonds;... TaxTMI Customs duty dispute: Imported goods classified as... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Bank penalized for delayed reporting of high-value... TaxTMI EOUs face automated Import Rules from 17.09.2024 -... TaxTMI Steel Extending validity of customs valuation rules... TaxTMI Relaxations for employee benefit trusts, aligned... TaxTMI New SEBI circular relaxes rules for REITs, enables... TaxTMI Phased rollout of quality standards for low-voltage... TaxTMI Virtual Hearings Mandatory: CBIC Reinstates Video... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Discussions Forum

Home

Forum

Service Tax

This

A Public Forum.
Acknowledging the Value of Experts.
Contribute Your Wisdom, Shape the Future.
Let Your Experience Guide Others

Submit new Issue / Query My Issues My Replies
A free service.
You may submit an issue for brainstorming also.

← Previous Next →

Payment of Service Tax on Demurrage charges-Reg., Service Tax

Issue Id: - 4432
Dated: 27-7-2012
By:- vinay wakde

Payment of Service Tax on Demurrage charges-Reg.

Contents

We have our owned Barges which are given on hired. If the barge exceed free time as mentioned in the contract for loading, unloading, delivery of goods etc, we are recovering demurrage charges from our customers.

Kindly let us know whether the amount of demurrage recovered from our customer is included in the value of service provided by us & we have to pay Service Tax from 01.07.2012

Regards,

VINAY

Posts / Replies

Showing Replies 1 to 2 of 2 Records

Page: 1

1 Dated: 27-7-2012
By:- JAMES PG

Even prior to 1.07.12, it is taxable since it is a part of hire charges.

2 Dated: 30-7-2012
By:- Pradeep Khatri

Since Demmurrage charges, are not being included in the assessable value for calculation of customs duty, hence, it is required to pay the service tax on such charges.

Page: 1