01 October 2014
in renting of motor vehicles (abated value) 40% is to be paid by service receiver. So my question is that how we will charge this 40% in our invoices and the procedure to pay service tax.
Another question is, that, is govt. liable to pay service tax being a service receiver?
01 October 2014
In case where service tax is paid on abated value entire service tax on value after abatement is payable by service recipient under RCM and the service provider will not charge any service tax in the bill.
CAclubindia
