Storage And Warehousing Services Under Service Tax

Storage and warehousing includes storage and warehousing services for goods.

Storage and warehousing services under service tax.

Rate of tax accounting code service tax 10 of the value of services 00440193. The law about service tax for storage warehousing explains. The services provided by the respondent during the period of dispute cannot be the services of storage and warehousing services more so when there is a rent agreement on record. In view of this levy of service tax itself for the period of dispute is not correct.

Tangible refers to property that can be seen weighed measured felt. Storage and warehousing of goods services. Agricultural produce or any service provided by a cold storage. Taxable service means any service provided or to be provided to any person by a storage or warehouse keeper in relation to storage and warehousing of goods.

The appellants are engaged in the business of logistics supply chain management clearing forwarding licensed cha etc. Storage warehousing fall under sac 00440193. Starting april 1 2014 business related storage and warehousing services are subject to sales and use tax. Minnesota sales and use tax is due when a business buys storage or warehouse services for its tangible personal property except as noted below.

Including liquids and gases but does not include any service provided for storage of. A tax warehouse is an authorised place where goods subject to excise duty are produced processed held received or dispatched under duty suspension arrangements by an authorised warehouse keeper. It is therefore requested to consider the legal provision of the service tax gst foreign trade policy while taking the decision on the application as evasion of tax made by the applicant involves revenue of more than rupees one crore. What s new in 2014.

A date of introduction. 16 08 2002 by notification no 8 2002 s t dtd. 01 08 2002 b definition and scope of service storage and warehousing includes storage and warehousing services for goods including liquids and gases but does not include any service provided for storage of agricultural produce or any service provided by a cold storage. Therefore an issue arises whether the service of providing warehouse space on rent can be considered as storage or warehousing service or renting of storage premises.

No aaacn7084lst001 on 29 06 2005 for storage and warehousing services and the same is valid till date.