Credit of motor vehicle purchased and hired by ola cab.
This query is : Resolved
CA GAUTAM JAIN
(Querist)
11 September 2018
If A is a registered person under GST and want to add new source of income by purchasing a car and been used under ola or uber cab, then how GST will be paid to government on income earned. If this activity is covered under RCM and ola directly pay to government then what about GST paid while purchasing a new motor vehicle, will this GST will be allowed as credit under plying and hiring for passenger transport.
Mahesh Paryani
(Expert)
11 September 2018
https://www.linkedin.com/pulse/gst-passenger-transport-through-road-mahesh-paryani/
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