Service tax on rent a cab service
This query is : Resolved
28 December 2015
There is a individual providing vehicle on renting to a body corporate under a contract.
As this service comes under RCM body coprporate required to pay service tax.
Contractor raises his bill as 18400*3 = 55200
Now contractor has not mentioned in his bill whether this value is abated or non abated
My question is Body corporate will pay service tax on
40% of 55200 (assuming abated value)
OR
50% of 55200 (assuming non abated value)
As this service comes under RCM body coprporate required to pay service tax.
Contractor raises his bill as 18400*3 = 55200
Now contractor has not mentioned in his bill whether this value is abated or non abated
My question is Body corporate will pay service tax on
40% of 55200 (assuming abated value)
OR
50% of 55200 (assuming non abated value)
CA R SEETHARAMAN
(Expert)
28 December 2015
Get confirmation in written from contractor and pay taxes.
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