Dear Sir,
There are few cab vendors who are not registered under ST but run business as a sole proprietor with PAN number. Hope cab service will have ST implication.
Suppose, if someone want to use such service provider, is it recommend to use? If yes, what would be transaction limit.
Thanks in advance.
Thanks,
Ayyappa
Thanks a lot for the clarification given.
A cab operator is required to register himself under service tax if his annual turnover exceeds 10 lacs rupees. Otherwise he is not required to register himself for service tax. There is no harm in taking service of individual cab operator.
Pl note as per Service Tax Act service provider has to get registered as soon as taxable services reach at Rs 9 lac in a Financial Year. May be cab provider haven’t reached at this limit. Liability of deposition / collection of service tax lies with vendor. So person who is availing services need not to worry.
Thanks
Regards
Rakesh