Service tax on renting of car
This query is : Resolved
03 January 2014
sir,
my office (PSU)hired a motor car on monthly rent basis. The received offer indicates an offer of Rs 20000 "with applicable service tax". what is the meaning of it? what will be the total monthly burden on us as service receiver and the service provider firm? pl explain.
SKMishra Kolkata
my office (PSU)hired a motor car on monthly rent basis. The received offer indicates an offer of Rs 20000 "with applicable service tax". what is the meaning of it? what will be the total monthly burden on us as service receiver and the service provider firm? pl explain.
SKMishra Kolkata
03 January 2014
service tax on hiring car will be 12.36% on gross value of rent.
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