GST RATE ON VEHICLE RENT
This query is : Resolved
Quick Summary
Sunil Patnaik
(Querist)
31 January 2024
I have a vehicle (Bolero Car) which i have given on rent to a Government office. Then what will be the rate of GST and what will be the treatment if they made additional payment for Fuel ? Kindly suggest
CA R SEETHARAMAN
(Expert)
01 February 2024
5% GST applicable under RCM.
Sunil Patnaik
(Querist)
01 February 2024
If the government also pays for fuel separately, will there be tax on that too ?
CA R SEETHARAMAN
(Expert)
02 February 2024
Yes, 5% GST applicable including fuel.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
