Service tax on car hire charges
aishwarya s raghavan (student) (224 Points)
15 January 2013aishwarya s raghavan (student) (224 Points)
15 January 2013
CA, CS(Professional) ROHAN
(B.com CA CS Sr officer -Finance & MIS )
(309 Points)
Replied 15 January 2013
have a similar query buddy.....
sanjay singhal
(CA)
(987 Points)
Replied 15 January 2013
under reverse charge machanism.
Service tax is payable by receipient. Even if service tax provider is availing SSI exemption of 10 lacs.
Service tax credit can be claimed by the company. in such case valid document will be GAR 7 challan instaed of invoice.