https://www.taxtmi.com/forum/issue?id=108569 Reverse charge on renting motor vehicles hinges on whether the taxable base is the non abated value (full charges raised by the cab owner) or an abated value (a reduced taxable portion); notifications and subsequent amendments cited in the discussion prescribe the applicable reduced taxable portion, which determines the taxable base and availability of input tax credit. en-us Sat, 09 May 2015 10:20:22 +0530 Thu, 23 Jan 2025 15:56:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108569 Reverse charge on renting motor vehicles hinges on whether the taxable base is the non abated value (full charges raised by the cab owner) or an abated value (a reduced taxable portion); notifications and subsequent amendments cited in the discussion prescribe the applicable reduced taxable portion, which determines the taxable base and availability of input tax credit. Discussion-Forum Service Tax Sat, 09 May 2015 10:20:22 +0530 https://www.taxtmi.com/forum/issue?id=108569