CIRCULAR:RCM shall be applicable on the service by way of renting of motor vehicle designed to carry passengers where the cost of fuel is included in the consideration charged from the service recipient only if the supplier fulfills the all the following conditions
a) is otherthan a body corporate
b) does not issue an invoice charging GST @ 12%
c) supplies the service to a body corporate
DOUBT:my client( individual) providing transport services to a travels(company) and issued invoice charging gst @ 12%
please clarify whether FCM applicable in this case and why not RCM
CAclubindia
