This discussion clarifies the GST rules for transporters renting out their vehicles to entities that are not Goods Transport Agencies (GTA). It confirms that a consignment note is the sole requirement for an entity to be classified as a GTA. For rentals to non-GTAs, GST is applicable at a rate of 18% on the rental charges.
What will be the mechanism in a case where a Transporter rents its transport vehicle for movement of good to another transporter who is not GTA? To be GTA, only Consignment Note is the condition or any other document?