Service tax on hire vechile service
This query is : Resolved
kartik kumar panda
(Querist)
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
CA R SEETHARAMAN
(Expert)
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.
In respect of services provided or agreed to be provided by way of renting or hiring any motor vehicle designed to carry passenger.
Mohan Babu.L
(Expert)
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..
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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