26 September 2016
Abatement is 60% subject to no cenvat credit availed by service provider and 40% value service tax payable under RCM for renting of cab.
26 September 2016
sir when I am vouching the bills relating to renting of cab shown that 2 type of voucher where 1 party claim abatement 60% and such party includes service tax amount include in the bill and receiver (organizations)also paid full amount
26 September 2016
In case of service provider is a company no RCM applicable service tax claimed has to be paid. In the second bill service tax payable under RCM.
CAclubindia
