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Tds or service tax

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If a Company hire a vehicle(car)  and amt. is paid by a employee (on behaif of co.) of co. then tds or service tax (reverse charge) is applicable or not. Amt. in the Bill is Rs15000 and bill is on the name of employee.

And the other case is , when bill is on the name of company.

Replies (1)
tds wont be applicable since limit of 194c has not been crossed. but service tax (reverse charge) shall apply here under both situations. if bill raised in name of co. then s.tax apply. if bill raised in name of employee even then s.tax shall apply because the employee will be reimbursed of such expenses.


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