TMI BlogSERVICE TAX -GTAX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ? - Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply By Pradeep Khatri - The Reply = Yes, it will be available provided you get a declaration from the Transporter that no CENVAT credit has been availed on Trucks (Capital Goods). - Reply By vijay k ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... umar - The Reply = If you fall under the specified category in terms of Nofn.30/2012-ST , the liability to pay the tax under GTA is on you. The rate of tax is 12.36% on 25% of the freight incurred, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in terms of Nofn.26/2012-ST . The condition involved is " CENVAT credit on inputs, capital goods and input services, used for providing the taxable service, has not been taken under the provisions of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the CENVAT Credit Rules, 2004. ". If this condition is fulfilled, you can pay the tax on 25% and take credit of the same (inward) and if it is outward transportation, you can take the credit upto t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he place of removal in terms of Rule 2(l) of CCR, 2004 - SERVICE TAX -GTA - Query Started By: - HITENDRA DAVE Dated:- 11-8-2012 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Kn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... owledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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