Service tax on hire vechile service

This query is : Resolved 

17 November 2014 please suggest my company avail beneit of hire vechile of Rs 15000/- per month . The cerditor not charges service tax due his exemption limit but as per rule can i paid service tax part of service gainer (Company ) liability in the above situation

17 November 2014 you are liable to pay for 40% under reverse charge.

In respect of services provided or agreed to be provided by way of renting or hiring any motor vehicle designed to carry passenger.

17 November 2014 Hi Karthik,
I agree with Mr.Seethataman. For more details regarding Service Tax-Reverse Charge please visit https://www.caclubindia.com/articles/service-tax-reverse-charge-18466.asp#.VGmZrGfELIU
Good Luck..


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