Applicability of st on cab hire
Querist : Anonymous
my company sales officer usually hired the cab from travel agency. please tell me what will be ST liability on cab hire...
thanks in advance
Based on REVERSE CHARGE IN SERVICE TAX WEF 01.07.2012 NEW NOTIFICATION 30-2012...
40%(50% wef 01.10.2014) [Percentage of service tax payable by the person receiving the service] &
60%(50% wef 01.10.2014) [Percentage of service tax payable by the person providing service]
Good Luck...
Querist : Anonymous
plz tell me the company will pay rs 26800 to travel agency. how much ST the the company have to pay...
Your company has to pay Rs. 1501/- as recipient liability. The calculation goes like this. [26,800 x 14% ST x 40% {as you are the service receiver}]
Good Luck..
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Gift of mutual fund units to daughter
- Not able to file ITR
- Building tax payment deduction in rental Income
- Reporting of STCG on Property in ITR
- Can partnership firm show income under 44ad
- FEMA regulation Act. for inward remitance
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
