Service tax on renting cab

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 September 2014 Dear Expert

PLz suggest me what rate i used on renting Cab.Service provider is Individual and service Receiver is Body Corporate

Bill Amount is Rs. 1000.00
Service Tax (@ 7.416%) 74.16

Total ----------
1074.16

or any other plz guide

Thanks

CA VISHWAKEERTHI.P.S.

CA VISHWAKEERTHI.P.S. (Expert)
Follow

10 September 2014 Yes you are correct it's Rs. 74.16 Service tax payable.

Service tax payable by service provider who is Individual or HUF or partnership firm and service provided to body corporate then 60 % of Service tax shall be collected through bill i.e., 7.416%

Querist : Anonymous

Querist : Anonymous (Querist)

10 September 2014 someone give that point
1. When the service provider has not availed any cenvat credit, i.e. when abatement is available, then the service tax is payable @ 4.944% either by provider or receiver depending of applicability of Reversr Charge Machnism.
2. When the service provider has availed any cenvat credit, i.e. when abatement is not available, then the total service tax is payable @ 12.36% by provider or jointly with receiver depending of applicability of RCM.
3. As far as service receiver is concerned, he shall pay @ 4.944% only, irrespective of abatement, only when RCM is applicable. -

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

24 July 2025 https://docs.google.com/document/d/14luGRTHWlYOsjs2xg1nmZEnZIifyF8SAh_u0F9o0VzQ/edit?usp=sharing

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

ASIM ATREY AND ASSOCIATES

ABHISHEK RATHORE

madhu sudan

Sapan Kumar Nayak

Ramulu Thakkalapally

Subscribe Now

Service tax on renting cab

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA