Service tax on hire charges of vehicle
This query is : Resolved
23 October 2013
Dear sir,
Our office uses two vehicles on hire and it is paid on fortninghtly against bills raised by owner.
My querry is that both of them are not registered under service tax as total amount is below Rs.10,00,000.00 so they do not charge service tax on bill.Since we are registered under reverse charge and we are paying service tax as per rule.What implication we have to face for not depositing tax by the owners?
Kindly reply ASAP.
Our office uses two vehicles on hire and it is paid on fortninghtly against bills raised by owner.
My querry is that both of them are not registered under service tax as total amount is below Rs.10,00,000.00 so they do not charge service tax on bill.Since we are registered under reverse charge and we are paying service tax as per rule.What implication we have to face for not depositing tax by the owners?
Kindly reply ASAP.
23 October 2013
If it exceeds rs 9,00,000 then reg neccessary and also in case of reverse charge its mandatory.
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