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Service tax liability on hiring of vehicle under reverse cha

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 July 2012 Sir
We are Working in PSU where some vehicle has been taken on monthly hire basis and we are paying 5% Assam VAT under Fifth Schedule Assam VAT Act of SNo 3"Lease Transcation".
Whether we are also liable for pay of Service Tax under reverse Charge?

Thanks in Advance
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
30 July 2012 If local assam vat is paid for such transactions under right to use, then there is no service tax liability.

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