Reverse mech on rent a cab
This query is : Resolved
28 April 2013
Our company providing Rent Cab services to IT Company or any other company which provide rent Cab services to others for pick up & drop facility of their employee or another company employee. Generally we take car on rent from persons which are other than company entity.
Question
Is service tax payable on Reverse Charge Mechanism on the service of Vehicle taken on rent basis by us ?. Because we take vehicle from person is other than register company ?
Pl guide me
Question
Is service tax payable on Reverse Charge Mechanism on the service of Vehicle taken on rent basis by us ?. Because we take vehicle from person is other than register company ?
Pl guide me
28 April 2013
Hello,
The Reverce Charge Mechanism is not applicable when Service Receiver & Service Provider both are in similar Line of business.
In your case it seems that yours is a company into renting a cab and getting vehicle from other pesons.
The RCM is not applicable even if yours is a company and provider is Individual.
Hope this would help.
Regards,
CA Dipak
The Reverce Charge Mechanism is not applicable when Service Receiver & Service Provider both are in similar Line of business.
In your case it seems that yours is a company into renting a cab and getting vehicle from other pesons.
The RCM is not applicable even if yours is a company and provider is Individual.
Hope this would help.
Regards,
CA Dipak
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Share accounting-->fifo - capital gain - period as per fifo?
- Income of an individual
- NRE Interest Income applicability
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Query regarding TDS on EPFO Higher Pension Arrears*
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
