Service tax reverse charge for bus contractor service
This query is : Resolved
22 April 2014
Dear Sir
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 ?
Pls clear the above.
Thanks and regards
Arun
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 ?
Pls clear the above.
Thanks and regards
Arun
22 April 2014
ANY MOTOR VEHICLE CONSTRUCTED OR ADAPTED TO CARRY MORE THAN 12 PASSENGER EXCLUDING THE DRIVER FOR HIRE OR REWARDS
CAN AVAIL ABATEMENT NOTIFICATION 026/2012-ST ON 40% S TAX.
SECTION 65(20)(1)CAB MEANS A MOTOR CAB (2) A MAXI CAB
CAN AVAIL ABATEMENT NOTIFICATION 026/2012-ST ON 40% S TAX.
SECTION 65(20)(1)CAB MEANS A MOTOR CAB (2) A MAXI CAB
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