Tax liability-RCM

Heli Shah (Article Assistant) (60 Points)

01 June 2021

Whether RCM is applicable on bus hire charges?

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4 Replies

CMA Poornima Madhava (CMA) (13112 Points)
Replied 01 June 2021

No, I don't think it is applicable

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 01 June 2021

No RCM is not applicable

Heli Shah (Article Assistant) (60 Points)
Replied 01 June 2021

Bt according to notification for hiring of motor vehicle ( defined under Motor vehicle Act 1988) no where mentioned tht bus is not included

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 01 June 2021

Yes.

RCM is applicable on Renting of motor vehicle where service provider is not corporate but service receiver is corporate.

Bus will get included in motor vehicle.

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