06 April 2013
Hire charges Rs 10000 less:Excess Diesel given to cab (50/-*100 litres) RS(5000)
Total to be payable Rs 5000
Whether service tax liability will arise on 5000(i.e., payable amount) or on total amount(i.e., Rs 10000) Clarify me and can i take input paid by service receiver portion of 40% Thanks in Advance
CAclubindia
