service tax

vijay dhiman (Querist) 03 April 2010 This query is : Resolved
R/sir,

wht is the new provisions in case of service receiver for f.y.2010-2011

a.if freight paid in case of
export sale of goods by road and by rail.

& b.in case of domestic sale of goods

wht is the new abatement amount for financial year 2010-2011.

Follow Query

Report Abuse

Sumit Batra (Expert) 03 April 2010
At present, exemption from service tax is available to transport of fruits, vegetables, eggs or milk by road by a goods transport agency. The scope of exemption is being expanded by including food grains and pulses in the list of exempted goods

The following changes have been brought about in the existing exemptions,-
• Exemption from service tax on service provided in relation to ‘Transport of Goods by Rail’ is being withdrawn. However, exemption has been provided to certain specified goods transported by rail. An abatement of 70% of the gross value of the freight charged on goods (other than exempted goods) is being provided.