Service tax liability on hiring of vehicle under reverse cha
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2012
Sir
We are Working in PSU where some vehicle has been taken on monthly hire basis and we are paying 5% Assam VAT under Fifth Schedule Assam VAT Act of SNo 3"Lease Transcation".
Whether we are also liable for pay of Service Tax under reverse Charge?
Thanks in Advance
We are Working in PSU where some vehicle has been taken on monthly hire basis and we are paying 5% Assam VAT under Fifth Schedule Assam VAT Act of SNo 3"Lease Transcation".
Whether we are also liable for pay of Service Tax under reverse Charge?
Thanks in Advance
RENGARAJ R.K
(Expert)
30 July 2012
If local assam vat is paid for such transactions under right to use, then there is no service tax liability.
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