Input Tax Credit on renteal taxi's
Nikunj Jain (43 Points)
15 September 2017Nikunj Jain (43 Points)
15 September 2017
Rakesh Bandal
(Self Employed and Agriculture)
(1349 Points)
Replied 16 September 2017
1. Input tax credit under GST is not allowed for Rent - a - Cab Services
2. GST under RCM is to be paid for services received from Unregistered suppliers
3. hence you need are not allowed to take credit of input and not required to pay GST under RCM
(it is assumed that you are providing services (business) other than letting out vehicles on rent)
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 16 September 2017