Car lease rental servc tax
This query is : Resolved
Aanya Agarwal
(Querist)
31 July 2014
when an employee leases his car to his company fr a fixed amt of lease rent.. what are the service tax liabilities on d company and the employee?
reply reqd urgent
Ganeshbabu K
(Expert)
01 August 2014
no problem for employee
.
.
But employer suppose to pay 40% of service tax to department under reversecharge mechanism
.
.
But employer suppose to pay 40% of service tax to department under reversecharge mechanism
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