Related plying income from truck vehicle : service tax rala
This query is : Resolved
CA. SUNIL KUMAR PATEL
(Querist)
30 August 2016
Dear sir
I have a client who has own 8 Truck, Gross Rental Income(Plying Income) of Truck arount 30 lacs in the year 2015-2016, He has taken service tax number, but he has confused regarding service tax,
he attach his vehicle with another Agency & agency already paid service tax,
Q. so on above cases I have a question that : whether my truck own client will arise service tax liablility or he will avail benefit of Reverse machanism
Please sugess me sir
I have a client who has own 8 Truck, Gross Rental Income(Plying Income) of Truck arount 30 lacs in the year 2015-2016, He has taken service tax number, but he has confused regarding service tax,
he attach his vehicle with another Agency & agency already paid service tax,
Q. so on above cases I have a question that : whether my truck own client will arise service tax liablility or he will avail benefit of Reverse machanism
Please sugess me sir
CA R SEETHARAMAN
(Expert)
31 August 2016
No service tax payable on rental income of truck if the trucks are given to other agency operating the trucks.
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