https://www.taxtmi.com/forum/issue?id=110845 Reverse charge liability for renting of motorcabs places tax on the recipient when the recipient is not in the same business; recipients who deposit tax under reverse charge may claim cenvat credit of the tax paid. Where the provider avails abatement the recipient pays on the abated value; where the provider does not avail abatement the tax may be shared between provider and recipient. Availability of input service credit is subject to a statutory ceiling and the interaction of abatement choices, producing limits on the quantum of credit the recipient may legitimately claim. en-us Fri, 26 Aug 2016 09:32:25 +0530 Thu, 23 Jan 2025 15:56:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110845 Reverse charge liability for renting of motorcabs places tax on the recipient when the recipient is not in the same business; recipients who deposit tax under reverse charge may claim cenvat credit of the tax paid. Where the provider avails abatement the recipient pays on the abated value; where the provider does not avail abatement the tax may be shared between provider and recipient. Availability of input service credit is subject to a statutory ceiling and the interaction of abatement choices, producing limits on the quantum of credit the recipient may legitimately claim. Discussion-Forum Service Tax Fri, 26 Aug 2016 09:32:25 +0530 https://www.taxtmi.com/forum/issue?id=110845