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

Point of taxation under reverse charge: payment date if within the prescribed period otherwise invoice date; RCM applies to taxi hiring.
Under the Reverse Charge Mechanism for taxi-hiring services, the point of taxation is the payment date if payment occurs within the prescribed period after invoice; otherwise the invoice date governs. Hiring of passenger motor vehicles is treated either on an abated value when the provider does not avail input tax credit (recipient liable) or on a non abated value when input credit is availed (liability apportioned); classification depends on provider registration and whether service tax is charged on the invoice.