service tax relating to renting of cab


This query is : Resolved 

26 September 2016 plzz give detail relating to renting of cab i.c relating info reverse charge mechanism and abatement and cenvat credit

26 September 2016 Abatement is 60% subject to no cenvat credit availed by service provider and 40% value service tax payable under RCM for renting of cab.

26 September 2016 it mandatory to show in bill that service provider claim abatement

26 September 2016 sir when I am vouching the bills relating to renting of cab shown that 2 type of voucher where 1 party claim abatement 60% and such party includes service tax amount include in the bill and receiver (organizations)also paid full amount

26 September 2016 and 2nd bill no amount of service tax charged

26 September 2016 In case of service provider is a company no RCM applicable service tax claimed has to be paid. In the second bill service tax payable under RCM.


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