Service tax liability


This query is : Resolved 

26 October 2013 our cab provider not mentioned amount of service tax in total bill but under reverse charge mechanism we ate under obligation to pay 40%of service tax. please guide us how we calculate it

27 October 2013 you can compute the billing on your own. Calculate the basic rent charge. and then compute the service tax liability on it. 40% of the same is to be met by you under RCM.


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