Service tax on rent a cab
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2012
Hi,
One of my clients which is private limited company, is into business of rent a cab. Its clients are all private limited. Please let me know the service tax implications.
One of my clients which is private limited company, is into business of rent a cab. Its clients are all private limited. Please let me know the service tax implications.
07 August 2012
You are liable to pay service tax 100% i.e 12.36%. However you can avail abatement notification and can pay on 40% value.
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