Rcm
This query is : Open
09 August 2017
what is the rate of gst - payable under rcm for rent a cab ( if i reimburse petro charges)
09 August 2017
Your question is not clear. What do you mean by reimbursement of petrol charges ?
Secondly, to whom are you reimbursing the Petrol Charges ?
N. Jain
group.blr@gmail.com
Secondly, to whom are you reimbursing the Petrol Charges ?
N. Jain
group.blr@gmail.com
10 August 2017
1. We have hired vehicles for transportation of staff from office to home and vice versa. The vehicle owners are not registered under GST and submitted their bills for payment. We are making the following payment to the vehicle owners as per the contract;
A. Fixed hire charges
B. Reimbursement of Disel and Mobile.
C. Driver OT charges.
The owners submitting the bills by quoting a single amount in the bill with regards to above charges. Please provide the HSN/SAC code and rate of GST. Whether input credit can be taken for the GST to be paid under RCM. Is their any abatement on vehicle hired services.
A. Fixed hire charges
B. Reimbursement of Disel and Mobile.
C. Driver OT charges.
The owners submitting the bills by quoting a single amount in the bill with regards to above charges. Please provide the HSN/SAC code and rate of GST. Whether input credit can be taken for the GST to be paid under RCM. Is their any abatement on vehicle hired services.
11 August 2017
The GST is payable by you on the full amount of bill under RCM and @ 5%.
N. Jain
group.blr@gmail.com
N. Jain
group.blr@gmail.com
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
- Itr 1 processing
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
