TaxTMI 
TaxTMI 
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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Rent a Cab Service
17 Apr 2015 
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Service tax apportionment in rent a cab: tax liability now equally split between provider and receiver, replacing prior uneven split.
The change in rent a cab service taxation reallocates taxable liability so that the non abated value is equally split between provider and receiver; the receiver is not liable for the portion treated as the provider's share. Previously the allocation had been an uneven split favoring the provider. (AI Summary)
The change in rent a cab service taxation reallocates taxable liability so that the non abated value is equally split between provider and receiver; the receiver is not liable for the portion treated as the provider's share. Previously the allocation had been an uneven split favoring the provider. (AI Summary)