22 February 2020
Sir What is the GST treatment If My company Hire Car for its Employees along with business purpose. 1. What is the GST treatment if my company hire Car from URD supplier? It is fall in RCM? What is the Tax rate? And can I claim ITC?
2. What is the GST treatment if my company hire Car from Registered supplier? It is fall in RCM? What is the Tax rate? And can I claim ITC?
3. What is the GST treatment if my company hire Car from OLA /UBER? It is fall in RCM? What is the Tax rate? And can I claim ITC?
22 February 2020
1 yes it will fall under RCM 5% GST applicable. No ITC can be claimed on it. 2 yes it will fall under RCM 5% GST applicable. No ITC can be claimed on it. 3 No RCM applicable no ITC can be claimed.