Easy Office
LCI Learning

RCM on boat hire charges

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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
Profile Image

CA Anita Bhadra

Profile Image

CA Anita Bhadra (Expert)
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
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
06 February 2020 RCM is not applicable on boat hiring charges
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

R S Pandi

Profile Image

R S Pandi (Querist)
06 February 2020 Thanks for your answer.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
06 February 2020 you are most welcome....
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
06 February 2020 you are most welcome....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links