Abatement on rent a cab service
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 January 2016
Hello,
My Client is a Private Limited Company and we have received a bill of renting of Cab from a proprietorship firm but the bill is made on the basis of per km rate (Exclusive of Diesel Charges)
In this case, service tax liability is of company but my question is whether my company will be eligible for the abatement of 60% as per the relevant notification.
My Client is a Private Limited Company and we have received a bill of renting of Cab from a proprietorship firm but the bill is made on the basis of per km rate (Exclusive of Diesel Charges)
In this case, service tax liability is of company but my question is whether my company will be eligible for the abatement of 60% as per the relevant notification.
20 January 2016
Yes it is not the company who should be eligible but the provide should be however in this case provider is not charging service tax hence full charge on company on 40% value under revers charge
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
