20 May 2013
If the invoice provided by the cab operator is silent about the abated value, and if service receiver remit 100% of the service tax on reverse charge basis, can the service receiver avail input credit?
20 May 2013
Under reverse charge service tax on rent a cab service, whether service provider claiming abatement or not, receiver service tax liability will be 12.36% of 40% of total service value. hence the same can take the input credit
CAclubindia
