Vehicle given by individuals to transporter

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This discussion clarifies whether individuals supplying vehicles to transporters on a round basis are liable to charge GST at 18%. While selling vehicles incurs GST if the individual is registered, vehicles given on hire to a goods transport agency are generally exempt from GST. Specifically, Notification No. 22 exempts the service of providing transportation means for goods to a transport agency.

Nikhil Sharma

Nikhil Sharma (Querist)

05 March 2021 Dear Experts,
Pls clarify: an individuals supplying vehicle to a transporter on round basis.

Pls clarify: is individuals liable to charge gst@18% on invoice raised to transporter

Thanks
ASAP

CA Altamush Zafar

CA Altamush Zafar (Expert)

05 March 2021 If vehicles are being sold then gst applicable if the individual is registered or liable to be registered

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

06 March 2021 Vehicles given on rent to transportes is exempt from GST.

Nikhil Sharma

Nikhil Sharma (Querist)

06 March 2021 Respected Seetharaman sir... Kindly share the relevant Notification also serial No. Thereof wherein it is stated that vehicle given to transporter on rent i.e. Not fixed, rent decide round wise depending on distance

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

06 March 2021 SI No. 22 of the Exemption Notification exempts the service by way of giving on hire a means of transportation of goods to a goods transport agency.

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