https://www.taxtmi.com/forum/issue?id=4673 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. en-us Thu, 06 Sep 2012 14:27:04 +0530 Thu, 23 Jan 2025 15:57:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4673 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. Discussion-Forum Service Tax Thu, 06 Sep 2012 14:27:04 +0530 https://www.taxtmi.com/forum/issue?id=4673