Hiring of motor vehicles
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2013
Renting or hiring of passenger motor vehicle falls under reverse charges mechanism of service tax, if service tax paid with abatement service receiver has to pay 60% but service tax paid without abatement serviece receiver has to pay 100%.Now my query is when service receiver can choose payment of service tax @60% & 100%.In my opinion If service provider has not charged service tax in his bill then service receiver has to pay 100%? or when service provider charged service tax @40% then service receiver has to pay remaining 60%?.If above implication is wrong Please clarify my doubt
MOHAMMAD SALIM
(Expert)
08 July 2013
Irrespective of what SP does the liability of the SR to pay under RCM is limted to 4.944% of value to taxable service.....
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