A company hires vehciles for rent and employs it's own drivers for transportation of its own goods....Would the transaction be covered under Reverse Charge Mechanism-GTA?
CA girl (Article Trainee-CA Final) (1942 Points)
05 March 2014A company hires vehciles for rent and employs it's own drivers for transportation of its own goods....Would the transaction be covered under Reverse Charge Mechanism-GTA?
Ganeshbabu K
(Audit and Tax Advisory)
(48564 Points)
Replied 05 March 2014
Reversecharge may not be applicable
.
here effective control of ownership transfered and so VAT applicable and not service tax
.
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lets se others comments
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