We are paying monthly amount to a Bus contractor towards charges for carrying our staff from nearby railway station to office and back. Bus contractor raising bills to us without charging any service tax on it.
Whether this transaction is applicable under RCM (reverse charge mechanism)? If yes whether bus contractor should charge 60% of service tax on the bill? and we have to pay 40% portion to govt.? or Whether 100% of service tax should paid by us as service receiver (non-abated value)? or Whether this transaction comes under rent-a-cab service ?
CAclubindia
