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Commercial Vehicles Rented

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(Querist)
14 October 2020 Sir/Madam,

Is GST applicable on income from renting motor vehicle, If Yes, what is the GST rate applicable for it?
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Lekhraj sood

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Lekhraj sood (Expert)
14 October 2020 The tax rate for renting of vehicles is 5% with ITC of input services in the same line of business or 12% with full ITC.
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sd. aleem

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sd. aleem (Querist)
20 October 2020 THANKS FOR YOUR QUICK RESPONSE SIR,
Is there any difference in GST rate, if the commercial vehicle is used for transportation of goods?
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Lekhraj sood

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Lekhraj sood (Expert)
20 October 2020 To whom the vehicle is given to GTA for transportation of goods or to manufacturer or trader.
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sd. aleem

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sd. aleem (Querist)
20 October 2020 The vehicle is given to GTA.
What if the vehicle is given to manufacturer or trader?
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Lekhraj sood

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Lekhraj sood (Expert)
20 October 2020 If given to GTA then exempted from GST. Refer Notification No. 12/2017
If given to others then should be 18%.
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sd. aleem

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sd. aleem (Querist)
20 October 2020 Thank You Sir.................

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