Sir,
I would like know the present Service tax rate of car rental charges.also can u provide me the present Service Tax Rate Chart list please.
Regards,
Biswanath Brahma
2 Replies
SANJAY THAKOR
(MANAGER-FINANCE)
(68 Points)
Replied 24 October 2010
Car rental service falls under the Rent a cab Service category which is having abatement @ 60%.
Current Service Tax rate is 10.30% including Edu Cess and Sec Higher Edu Cess.
partha
(Tax Consultant)
(48 Points)
Replied 25 October 2010
Yes .... hence the Net rate on Billing amount (considering the 60% abtement) will be 4.12%
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