Please let me know the rate of GST and availability of credit in the following cases: 1) A company has taken on hire a car from an unregistered person (The company shall be liable to pay GST on reverse charge basis) What would be the GST rate and whether credit is available here?
2) A company has taken on hire a bus from a registered person who charges GST @ 18% in the bill. Whether this rate of GST charged by the service seller is correct? Whether the company can take credit of this amount?