jcb expense
This query is : Resolved
Dhruvi Shah
(Querist)
07 October 2017
In construction business, jcb and tractor hire from unregisted supplier. Bill given without gst rate. so, what is gst rate and reverse charge applicable??
CA Rashmi Gandhi
(Expert)
07 October 2017
Yes RCM applicable upto Sept @18%.
If amount of rent is less than Rs.5000/- in a day then no need to charge RCM.
31 October 2026
Under current law there is no RCM on hiring a JCB or tractor from an unregistered supplier: Sec 9(4) applies only to notified promoters since 1 Feb 2019 and such hire is not a Sec 9(3) service, while an unregistered supplier cannot charge GST, so no tax is payable on that bill.
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