Calculation for Cab Hiring Firm

[Dibyendu Bhattachayya]

Dear All,

What should be the service tax calculation car rentals if they don't charge tax on their invoice?Please also site a example.

 

 

 

[Brijesh Verma]

Service Tax calculation on CAR rentals has to be done after taking abatement under Notification no 26/2012

AI Summary

Calculating Service Tax on Car Rentals: Consider Abatement Under Notification No. 26/2012 for Accurate Assessment. A participant inquired about calculating service tax for car rentals when tax is not charged on the invoice, seeking an example. A respondent advised that the service tax on car rentals should be calculated after considering abatement as per Notification No. 26/2012.