My company liable to paid Service tax for GTA (Goods
Transport Agency) in Jan,Feb & March month. our Transport
made on 15.02.09 and Transport bill accounted on 02.03.09.
on 25.02.09 Service tax reduced 12.36% to 10.30%.
So my quastion is what rate should i caluculate to paid the
tax. while transport date (12.36%) or Bill accounted date
(10.30%)
pl tell me.
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Answer Posted / vancheeswar
Date of rendering of service is the criteria and not the
date of receipt of invoice.One can receive the invoice even
after one year.It does not alter the situation.Hence the
rate to be applied is 12.36%.
However the payment of statutory liability can happen only
after effecting payment of invoice amount.
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