Taxi Service

[MITSUI PRIME ADVANCED]

Dear Sir,

Thank's to Mr. Pradeep Khatri Ji

But at presently Service provider by  Taxi Operator issue a Invoice on 31.07.2012 ( Date show in Bill, for the Month of July 2012 ) but Provided on 05.08.2012 and our HR department Check  bills forwared to Accounts Dept. and Accoutns Dept checking bills than after post this entry in SAP as on 08.08.2012.

Please tell me about Service Tax payable for August 2012 up to 06.09.2012

POint of taxation is attrac this matter also.

or your sugguration.

Service Tax Add @ 12.36% in Invoice After 60% Abatment ( Tax on 40% ) 

Please provide your valuable suguation regaridng this matter.  in this case we have service tax not paybale by receiver . how many documents maintain by us.

Regards

Arjun Sachdeva

 

AI Summary

Clarification on Service Tax Liability for Taxi Service Provider Under Reverse Charge Mechanism and Effective Tax Rates Explained A taxi service provider queried about the service tax payable for an invoice dated July 31, 2012, provided on August 5, 2012, and entered into their system on August 8, 2012. They sought clarification on the service tax liability, specifically under the reverse charge mechanism. The response explained that the point of taxation is the date of payment, provided it occurs within six months of the invoice date. If not, the invoice date is used. It also clarified the effective service tax rates for renting motor vehicles, distinguishing between abated and non-abated values, and the responsibilities of service recipients and providers.