Gst on hiring charges of cargo van

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2018 We are wholesaler registered under GST. We need two cargo vans (ECO) for supply of our goods in Delhi / NCR on daily rental basis. VAN owners is not registered under GST. I have to know is there GST payable by us under RCM ? If yes, at which rate 18 or 5 ?

Expert : Anonymous

Expert : Anonymous (Expert)

03 April 2018 No need to pay GST Tax under RCM basis if the Transporter is not GTA...

Expert : Anonymous

Expert : Anonymous (Expert)

03 April 2018 If transporter is not GTA i.e not issue builty then no need to pay GST If he is GTA then pay @5%

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Guest

Guest (Expert)

03 April 2018 Yes if supplier is GTA then pay under RCM @5% and avail the credit of same. See this videos to understand GTA in detail https://youtu.be/NxiKAb8QS4I https://youtu.be/z5TRy66KHpc

Guest

Guest (Expert)

03 April 2018 If supplier is GTA then you are required to pay GST under RCM and you can avail the credit of the same.
Please see this videos to understand GTA in detail

https://youtu.be/NxiKAb8QS4I

https://youtu.be/z5TRy66KHpc