IF A PVT LTD CO. TAKES BUS SERVICE MONTHLY BASIS FROM INDIVIDUAL SERVICE PROVIDER FOR PICK UP & DROP OF EMPLOYEES, IS SERVICE TAX IS APPLICABLE ? IF YES, THEN UNDER WHICH HEAD?
THANKS
1 Replies
Mahesh Babu
(CA Final)
(618 Points)
Replied 22 April 2017
It will come under "Renting of Motorcab" services, it has to be paid under RCM on 40% of Value of such services y claiming abatement
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