Rent -e cab service
This query is : Resolved
12 March 2015
Dear all
can you please tell me as a service receiver what is the the tax rate for me
can you please tell me as a service receiver what is the the tax rate for me
12 March 2015
Reverse charge applies only where Service Receiver is not engaged in same business and he pays 40% in every case, whether abatement is claimed or not.
In view of abatement of 60% available you have to pay service tax at 12.36% on 16% of invoice value under reverse charge.
In view of abatement of 60% available you have to pay service tax at 12.36% on 16% of invoice value under reverse charge.
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