Poonawalla fincorps
Poonawalla fincorps

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This query is : Resolved 

26 December 2013 is there any difference between renting a cab and hiring a cab in respect of service tax.

26 December 2013 Yes there is difference between both.

Renting a Cab, refers to giving out a cab on rent by the owner of the cab.

However hiring a cab is a different case, as it refers to taking a cab on rent from other person.
For exp. Taking a cab on rent from other person and renting it out for rate difference.



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