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Rcm on lease rent to wife of employee of the company

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(Querist)
11 May 2015 When A payment of lease rent of Car is made to the WIFE of the employee/Director of the company. Service Tax under RCM would be payable by the company ? if Yes, How much
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Vishrut Shah

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Vishrut Shah (Expert)
12 May 2015 Yes. Under Rent a Cab Services it will be taxable at the rate of 6.18% on total service value.

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