which section in service tax ?

[MITSUI PRIME ADVANCED]

Dear Sir,

Notification No. 30/2012 S N. 7 mention as following:-

Renting / hiring any motor vehicle designed to carry passenger on abated value

Renting / hiring any motor vehicle designed to carry passenger on non-abated value

Please tll me about Section which is covered under definition.

Please provide your valuable suggestion

Regards

Arjun Sachdeva

AI Summary

Clarification on service tax obligations for renting vehicles under Section 68(2) of the Finance Act via Notification 30/2012. A query was raised regarding the applicable section in service tax for renting or hiring motor vehicles, referencing Notification No. 30/2012. The notification specifies service tax obligations on a reverse charge basis for such services. The response clarified that the notification is issued under the authority of Section 68(2) of the Finance Act, 1994, which governs the reverse charge mechanism for service tax.