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notification 30/2012 reverse charge

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..... what is the position as to rent a cab service provider , previously paying service tax on 40% of invoice value. now by noti 30/2012 . please clarify the current position. - Reply By Vijay Chitte - .....

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..... The Reply = As per Notification no 30/2012-ST , If you provide services to any Body corporate and if you not avail any Cenvat credit on inputs, capital goods or input services then you do not charge .....

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..... any service tax in invoice, simply you have to charge your gross amount (without service tax), But, you have to make declaration in invoice that service tax payable @40% on gross amount by service re .....

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..... cipient as per the said notification. Further, If you avail any Cenvat credit on inputs, capital goods or input services then you have to charge service tax @60% on gross amount and make declaratio .....

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..... n in invoice that balance service tax payable @40% on gross amount by service recipient as per the said notification. - notification 30/2012 reverse charge - Query Started By: - satbir singh wah .....

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..... i Dated:- 18-7-2012 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagemen .....

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..... t - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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