TaxTMI 
TaxTMI 
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.
notification 30/2012 reverse charge
18 Jul 2012 
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Reverse charge: rent a cab suppliers must state recipient liability for portion of service tax on invoices.
Where a rent a cab service is supplied to a body corporate, if the supplier does not avail Cenvat credit the supplier invoices the gross amount without service tax and must declare that service tax equal to forty percent of the gross amount is payable by the service recipient under the reverse charge mechanism; if the supplier avails Cenvat credit, the supplier charges service tax on the larger share of the gross amount and must declare that the balance of the service tax is payable by the service recipient. (AI Summary)
Where a rent a cab service is supplied to a body corporate, if the supplier does not avail Cenvat credit the supplier invoices the gross amount without service tax and must declare that service tax equal to forty percent of the gross amount is payable by the service recipient under the reverse charge mechanism; if the supplier avails Cenvat credit, the supplier charges service tax on the larger share of the gross amount and must declare that the balance of the service tax is payable by the service recipient. (AI Summary)