service tax relating to renting of cab

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

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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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.

rajat agarwal

rajat agarwal (Querist)
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26 September 2016 it mandatory to show in bill that service provider claim abatement

rajat agarwal

rajat agarwal (Querist)
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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

rajat agarwal

rajat agarwal (Querist)
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26 September 2016 and 2nd bill no amount of service tax charged

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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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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