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Payment of service Tax on service catagory Supply of Tangible goods -Reg

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..... Payment of service Tax on service catagory Supply of Tangible goods -Reg
Query (Issue) Started By: - vinay wakde Dated:- 2-7-2012 Last Reply Date:- 3-7-2012 Service Tax
Got 1 Reply
Service T .....

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..... ax
We are giving our own barges on hire & we are receiving shipping income. We are paying service tax under service catagory "Supply of Tangible Goods" on 75% of the shipping income received by us .....

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..... (abatment 25%). Kindly let us know from 01.07.2012 onwards, service tax to be paid on 50% of the amount received by us i.e. abatment 50% instead of 25% available prior to 01.07.2012 for said catagory .....

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..... . Regards, VINAY Reply By vinay wakde: The Reply: The service catagory inadvertently mentioned as "Supply of Tangible goods" instead of Transportation of coastal goods (Payment of ST on reversed c .....

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..... harged method). Regards, VINAY
Discussion Forum - Knowledge Sharing .....

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