Service tax applicable or not.
Roshan Kumar
(Querist) 30 May 2013
This query is : Resolved
whether there is any implication of service tax or tds, if we hire own vehicle to our sub -contractor for rent?
Rajendra K Goyal
(Expert) 30 May 2013
Yes, TDS is to be deducted at source and service tax levied and to be deposited as per provisions. Vehicle should be commercial to be given on rent.
Raj Kumar Makkad
(Expert) 30 May 2013
Yes. You are liable to TDS collection and further deposit.