Service tax
This query is : Resolved
20 February 2016
Dear Experts I am working in Transport company. My query is we have given our vehicle on hiring and we raised a bill to party for Rs. 79800/ including service tax( 70000�12.36=79800/-) and we have paid service tax on same bill but we have received only 70000 from party. When I asked to party about short payment then they told me we have deduct tds 1400 and Diesel 8400/- . So can I take service tax credit on 8400/- or take as a expense
20 February 2016
Service tax payable on 40% value in case of passenger vehicle check the abatement available. No service tax payable if vehicle is hired to GTA in case of trucks.
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