12 November 2018
Suppose Mr. A a GST registered taxable person had purchased a car for Rs 5,00,000/- and paid 28% GST Rs 1,40,000/- on it for generating income through OLA and UBER, then will he be able to claim ITC of GST paid on vehicle purchase? Thereafter Ola and uber use to take suppose 20% as commission of fare and rest is given to driver, Then whether Mr. A will have to pay GST on full fare or OLA/UBER will pay GST on RCM basis to govt. If OLA/UBER will pay under RCM basis to govt, then how Mr. A will classify this supply of service under GST Return?
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