Hi, Is The Any Kind Of Service Tax Levied For Transporters, For Bus Service For Employees & If Yes How Much Service Tax Is Levied? Regards

[emilek17]

Hi,

Is The Any Kind Of Service Tax Levied For Transporters, For Bus Service For Employees & If Yes How Much Service Tax Is Levied?



Regards

[Bradshaw]

Date of Introduction: 01.01.2005 Definitions: goods carriage has the meaning assigned to it in clause(14) of section 2 of the Motor Vehicles Act, 1988(59 of 1988). Section 65(50a)of the Finance Act, 1994 goods transport agency means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name called Section 65(50b)of the Finance Act, 1994 taxable service means any service provided to a customer, by a goods transport agency, in relation to transport of goods by road in a goods carriage. Section 65(105)(zzp)of the Finance Act, 1994 Value of Taxable Service: The value of taxable service shall be the gross amount charged by the service provider for providing such service and the money value of any other consideration(if any) received for providing such service. The value of taxable service shall be determined as per the provisions made under section 67 of the Finance Act,