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St on hiring cab

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2016 Dear All
Our company uaually hire the cab
Please let me knon how much ST the
Company has to pay under RCM

Regards
Sumit vats
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Amol S Joglekar

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Amol S Joglekar (Expert)
21 September 2016 if service provider is individual OR HUF Or Firm Or AOP and
if service receiver is body corporate
50% of the service tax be paid by service receiver and 50% by the service provider
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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2016 Yes RCM will be applicable in my case but tell me weather company has to pay ST on 100% value or is there any abatement
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Amol S Joglekar

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Amol S Joglekar (Expert)
21 September 2016 half of the service tax will be paid by Company under RCM
remaining half will be paid by the service provider

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