Service tax on taxi bill

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This query is : Resolved

Vipin Kumar Sharma (Querist)

26 September 2012 Dear Sir

We are pvt ltd co & hirirng the taxi for visit of our customer & supplier so how much service tax we will pay either 40% or 100%. & what is abated value.

Second thing can we claim cenvate of that service tax which we have deoisted on taxi bill

Thanks & Regards

CA Ayush Agarwal

CA Ayush Agarwal (Expert)

26 September 2012
Pay 40% i.e.4.944 % on Total Service. as Service receipients.

If You Can Corelate That Expenditure of Taxi to Nexus of Your Output Service, in Front of Department Then Take CENVAT Credit.

Vipin Kumar Sharma

Vipin Kumar Sharma (Querist)

27 September 2012 Sir as per my information service on taxi bills is either 40% or 100% and please explain of expenditure of Taxi to Nexus output service

Thanks for giving your valuable time for my query

CA Ayush Agarwal

CA Ayush Agarwal (Expert)

27 September 2012 Yes, Thats Only I Written Na...
Its 4.944%.
Means 40% Only.
Wrongly 25% Written But Net rate si unchanged that is 4.944%

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