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Reverse charge

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(Querist)
19 December 2012 I have given a car on rental to the company on case to case basis.

i m not cover under service tax as my gross receipt is less than 10 lacs.

whether company will deduct an amount @ 12.36 % of 40% of rental value.
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CA bhargava

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CA bhargava (Expert)
19 December 2012 they will not deduct any amount from your bill., but they will be payable to the govt...

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