notification 30/2012 reverse charge

[satbir singhwahi]

what is the position as to rent a cab service provider , previously paying service tax on 40% of invoice value. now by noti 30/2012 . please clarify the current position.

AI Summary

Clarification on Service Tax for Rent-a-Cab Providers under Notification 30/2012: Guidelines on Cenvat Credit and Tax Sharing. A query was raised regarding the service tax position for rent-a-cab service providers under Notification 30/2012. Previously, service tax was paid on 40% of the invoice value. The response clarified that if services are provided to a body corporate and no Cenvat credit is availed, the provider charges the gross amount without service tax, with a declaration that the recipient pays 40% service tax. If Cenvat credit is availed, the provider charges 60% service tax and declares that the recipient pays the remaining 40% service tax.