Service tax on person provide car to taxi services like ola

C S Pareek (service) (26 Points)

07 August 2015  

A person Mr.X is providing 10 cars to taxi services like UBER or OLA.

-Mr. X is liable for all expenses related to running and maintainence. such as driver, fuel repairs etc.

- Company like Uber or Ola is providing customers to Mr. X besides company is giving (say)Rs. 30,000 per month per car or 85% of fare whichever is higher

In this case what is the service tax liability of Mr. X.

Will any reverse charge mechanism apply, (Mr. X is an individual)

If service tax is applicable what will be the rate?