As per amendment made in NN 26/2012 w.e.f. 01.10.2014
Abatement is available only in respect of Renting of Motor Cab and Partial Reverse Charge is applicable on Motor Vehicle (Motor Cab/Bus/Maxi Cab) designed to carry passengers.
As per section 68(2), if RCM is attracted Service receiver is the person liable to pay service tax.
As Service Provider has claimed abatement, service tax of 100% is required to be paid by Service Receiver (as abated value)
If the Service Provider is Individual/HUF/Partnership Firm/AoP and service receiver is Business Entity registered as Body Corporate located in the Taxable territory, Service Receiver shall pay service tax @ 4.944% to the CG. Payment to service provider shall be made exclusive of service tax as service tax is not required to be levied on the invoice because 100% ia payable under RCM. It would amount to renegotiation of service and service provider would be able to adjust the service tax paid by him.