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Gst on bus hire charges received

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 August 2017 I have a bus which is given on hire to a company for carrying school children. I receive Rs.5000/- daily as hire charges. The fuel cost is paid by me. My annual receipt will be around 7.00 lac. Am a liable to get registered under GST ? If yes, what GST rate I will to pay to the govt. ? Please advise me accordingly.
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CA Suresh Jain

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CA Suresh Jain (Expert)
16 August 2017 Since, your turnover would be less than 7 lakh per year, you need not register under GST.

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