GST on rent a cab
This query is : Resolved
07 November 2019
Dear Expert,
As per notification 22/2019 , Rent a cab falls under RCM .
My query is that
1. We are giving bus transportation for pick up and drop to employee. And we recover nominal amount from employee for providing this service. So we have to pay GST on the same to government also after this notification we need to pay RCM on the same.
So if we pay GST at 5% , are we eligible to take GST benefit on the same (after paying RCM).
Please help
As per notification 22/2019 , Rent a cab falls under RCM .
My query is that
1. We are giving bus transportation for pick up and drop to employee. And we recover nominal amount from employee for providing this service. So we have to pay GST on the same to government also after this notification we need to pay RCM on the same.
So if we pay GST at 5% , are we eligible to take GST benefit on the same (after paying RCM).
Please help
07 November 2019
As per notification 22 - Services provided by way of renting of a motor vehicle provided to a body corporate is under RCM
From your query , it seems you an employer , providing vehicles to employees and recovering nominal amount from employee . In this scenario , RCM is not applicable
From your query , it seems you an employer , providing vehicles to employees and recovering nominal amount from employee . In this scenario , RCM is not applicable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
