Rent a Cab Service, Service Tax

[Felix Gnanaraj.S]

In Rent a Cab Service, As a service receiver has to pay service tax 12.36% on 50% of the bill value and balance 50% abatement which effect from 01.10.2014. My question , Is it a correct or not ?

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Posts / Replies

[PAWAN KUMAR]

NO.

The remaining 50% is the service provider portion.

Prior to 01.10.2014, it was 60%/40% - service provider/Service receiver.

Now it is 50% each in case of non abated value.