TaxTMI 
TaxTMI 
TaxTMI 
RCM in regard Rent a cab services
X X X X Extracts X X X X
X X X X Extracts X X X X
....CM in regard Rent a cab services<br> Query (Issue) Started By: - vikram singh Dated:- 1-10-2016 Last Reply Date:- 5-10-2016 Service Tax<br>Got 8 Replies<br>Service Tax<br>Dear Expert, Please guide, RCM of rent a cab services. with it, please guide about TDS implication on service tax part for all (e.g. contractor and others) Regard Vikram Reply By Ganeshan Kalyani: The Reply: Please refer N....
X X X X Extracts X X X X
X X X X Extracts X X X X
....otification No. 30/2012, the relevant portion is given below. 7(a) in respect of services provided or agreed to be provided by way of renting of a motor vehicle designed to carry passengers on abated value to any person who is not engaged in the similar line of business (b) in respect of services provided or agreed to be provided by way of renting of a motor vehicle designed to carry passengers ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....on non abated value to any person who is not engaged in the similar line of business Nil 11[50%] 100 % 12[50%] Reply By Ganeshan Kalyani: The Reply: TDS shall be deducted on the amount before service tax I.e. on basic amount only. Reply By vikram singh: The Reply: Ganeshan Kalyani ji, thanks you so much, Reply By YAGAY AND SUN: The Reply: If the service provider issue an invoice on whic....
X X X X Extracts X X X X
X X X X Extracts X X X X
....h service tax is included in the amount of services so provided then TDS would be deducted on the amount plus the service tax portion also. However, no service tax would be deducted on the portion which would be deposited under reverse charge. Reply By MARIAPPAN GOVINDARAJAN: The Reply: In my view service tax is not included for TDS purpose. Reply By Ganeshan Kalyani: The Reply: Refer Circular....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... No. 1/2014 dated 13-1-2014 for TDS not to be deducted on service tax component charged on the invoice separately. Reply By YAGAY AND SUN: The Reply: scenario would be different if ST is included in the Bill amount of the services so provided. Reply By Ganeshan Kalyani: The Reply: If the service tax amount is included in the bill amount, then TDS would be deducted including the tax amount. Thi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s is because the notification states that if TDS shown separately on invoice then only basic amount I.e. the amount before service tax shall be considered for deducting TDS.<br> Discussion Forum - Knowledge Sharing ....