https://www.taxtmi.com/circulars?id=53428 Section 88 of the Finance Act, 1997 brings services by clearing and forwarding agents and rent a cab operators within service tax from 16 July 1997. For C&F services the person engaging the agent (the principal) is responsible for collecting and paying tax; taxable value is the gross amount charged or deemed gross remuneration/commission paid. For rent a cab operators the taxable value is the gross amount charged, including rental and ancillary fees, and the rate is 5%; a subletting exception applies where the sub lessor pays tax. en-us Mon, 14 Jul 1997 00:00:00 +0530 Wed, 17 Jun 2015 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53428 Section 88 of the Finance Act, 1997 brings services by clearing and forwarding agents and rent a cab operators within service tax from 16 July 1997. For C&F services the person engaging the agent (the principal) is responsible for collecting and paying tax; taxable value is the gross amount charged or deemed gross remuneration/commission paid. For rent a cab operators the taxable value is the gross amount charged, including rental and ancillary fees, and the rate is 5%; a subletting exception applies where the sub lessor pays tax. Circulars Service Tax Mon, 14 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53428