Car hire charges
This query is : Resolved
10 October 2012
Please provide the details for car hire charges/renting of motor vehicle in respect of service tax chargeability
13 October 2012
Reverse charge is applicable on renting of any motor vehicle designed to carry passengers if the service provider is an individual, HUF or a partnership firm.
Accordingly the service recipient has to pay the service tax.
Service tax amount = Rental charges*40%*12.36%
Accordingly the service recipient has to pay the service tax.
Service tax amount = Rental charges*40%*12.36%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- Gst reverse charge mechanism to be claimed in the month of payment
- Short Term Gain Reporting ITR
- Error in uploading Form 10BD
- Sale of Mutual Funds In Diffirent Financial Years
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Itr processing refund
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
