Nagative list service tax
bhaveshraj
(Querist) 23 May 2013
This query is : Resolved
STAFF TRANSPORTATION EXP:
EXPENDITURE MADE FOR HIRING OF CAR,BUS FOR TRANSPORTATION OF EMPLOYEES WEATHER SERVICE TO BE PAID UNDER RENT A CAB OR NOT???
KUMAR JAGADEESAN
(Expert) 24 May 2013
Dear Shri.Bhaveshraj
As part of reverse charge mechanism even though you are only service receiver, you have o pay ST on 100% of the value of services (if the Service provider has availed abatement) or on the 40% of the value if the operator has not availed any abatement vide Notification 30/2012 ST dtd 20.06.12 as amended.
But if you are a manufacturer or service provider the credit of ST paid by you may be availed as Cenvat credit.
J.KUMAR
Advocate; Hyderabad
bhaveshraj
(Querist) 27 May 2013
Thank U Sir
For your Reply!!!
