Rent Cab Service Under Gst at Jack Evans blog

Rent Cab Service Under Gst. Firstly, let us see about gst payable on cab services through ola and uber which is covered under section9(5) of cgst act. In this article we will discuss all. Keeping this in mind, government vide notification no. Supply under gst has been defined under section 7 of cgst act, 2017; Gst paid on rent a cab service is specifically disallowed under section 17(5) of cgst act. Our discussion in this article inclines towards understanding taxability of renting of motor vehicle services under gst regime. Gst on rent a cab has been brought under reverse charge mechanism (rcm) from 1st october 2019. Which includes in its ambit “rental”. Under rcm, the receiver of service is liable to pay tax on supply. Therefore, such gst paid cannot be. Abc ltd is paying rs. Under section 17 (5) of cgst act, 2017, renting or hiring of motor vehicle having approved seating capacity upto 13 persons. Usually, the supplier of goods is liable to gst, but under rcm, the chargeability.

Blocked ITC in GST Sec 17 (5), Input Tax Credit under GST, Motor
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Firstly, let us see about gst payable on cab services through ola and uber which is covered under section9(5) of cgst act. Under rcm, the receiver of service is liable to pay tax on supply. Under section 17 (5) of cgst act, 2017, renting or hiring of motor vehicle having approved seating capacity upto 13 persons. Which includes in its ambit “rental”. Keeping this in mind, government vide notification no. Therefore, such gst paid cannot be. Abc ltd is paying rs. Gst on rent a cab has been brought under reverse charge mechanism (rcm) from 1st october 2019. Gst paid on rent a cab service is specifically disallowed under section 17(5) of cgst act. Usually, the supplier of goods is liable to gst, but under rcm, the chargeability.

Blocked ITC in GST Sec 17 (5), Input Tax Credit under GST, Motor

Rent Cab Service Under Gst Firstly, let us see about gst payable on cab services through ola and uber which is covered under section9(5) of cgst act. Abc ltd is paying rs. Supply under gst has been defined under section 7 of cgst act, 2017; Which includes in its ambit “rental”. Under section 17 (5) of cgst act, 2017, renting or hiring of motor vehicle having approved seating capacity upto 13 persons. Keeping this in mind, government vide notification no. In this article we will discuss all. Gst on rent a cab has been brought under reverse charge mechanism (rcm) from 1st october 2019. Firstly, let us see about gst payable on cab services through ola and uber which is covered under section9(5) of cgst act. Our discussion in this article inclines towards understanding taxability of renting of motor vehicle services under gst regime. Therefore, such gst paid cannot be. Under rcm, the receiver of service is liable to pay tax on supply. Gst paid on rent a cab service is specifically disallowed under section 17(5) of cgst act. Usually, the supplier of goods is liable to gst, but under rcm, the chargeability.

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