RCM on boat hire charges

This query is : Resolved 

06 February 2020 Dear Sir,

a ( registered ) pvt. ltd. company hired boat on lease for diving ( business) purpose with unregistered person. Monthly rent Rs.1 lakhs.

1) RCM applicable or not
2) if applicable , then what is the gst %.

Kindly advice.

Regards
R.S.Pandi





06 February 2020 RCM is not applicable on Boat hire charges .
RCM is applicable on specific goods , services or special category of taxpayers under sec 9(3) and sec 9(4) and hiring of Boat is not specified for RCM

06 February 2020 RCM is not applicable on boat hiring charges


06 February 2020 Thanks for your answer.

06 February 2020 you are most welcome....

06 February 2020 you are most welcome....



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