Rcm for cab operator

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 April 2013 Under RCM for Cab operator 100% of Service tax has to be paid by service receiver. please clarify who has to pay to the Government- Service receiver or service provider to collect and deposit ? If service receiver pays directly whether service provider has to file ST3 returns? please clarify.

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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10 April 2013 If the service provider of Rent a cab is - individual/HUF /partnership / AOP and service receiver is a company then there are two options.

1.100% of service tax is to paid by service receiver on Abated value(60% abatement , 40% taxable)

2.With out abatement- service receiver has to pay 60%, service receiver-40%.

Other cases service provider has to pay 100%.

Yes,still service provider shall file ST-3.