10 April 2013
Under RCM for Cab operator 100% of Service tax has to be paid by service receiver. please clarify who has to pay to the Government- Service receiver or service provider to collect and deposit ? If service receiver pays directly whether service provider has to file ST3 returns? please clarify.
10 April 2013
If the service provider of Rent a cab is - individual/HUF /partnership / AOP and service receiver is a company then there are two options.
1.100% of service tax is to paid by service receiver on Abated value(60% abatement , 40% taxable)
2.With out abatement- service receiver has to pay 60%, service receiver-40%.
CAclubindia
