Rent a cab services
Querist : Anonymous
1) Whether this is a Rent a Cab Service or Transportation of Passenger services.
2) At what rate the Service Tax has to be paid by the Company if the Service provider raises invoice Containing service tax for 50% of the bill value. Whether this 50% service tax can be utilised against Excise Duty payable
3) At what rate service tax to be paid, if the service provider's bill does not contain any service tax.(Abatement has been Availed)
Please guide me... Thank You
2 For the balance 50% the company has to pay the service tax under RCM. Cenvat credit on this may be claimed against excise duty payable.
3 Service tax has to be paid on 100% value under RCM.
Querist : Anonymous
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