How much tax should be charged on availing the services of a motorcar or taxi? Whether input credit is available?
Tax rates are for hiring cab with driver or renting a taxi for full day without driver?
Renting of a motorcab or taxi is to be charged at 5% and no input credit of tax is available.
Whether you hire with driver or without, tax rate will be 5% and ITC is not available.
Transportation services by a radio taxi or AC carriage is also taxed at 5% without ITC.
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