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GST applicability in case of petrol pump transaction

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I am running a petrol pump. IOCL gives me dealer margin every month which is credited to my account.
IOCL also gives me tanker transportation reimbursement as I have my own tanker which is used to bring fuel from IOCL plant to my outlet.
Pls tell me whether GST applicable on above transactions or not.
If yes, then who is liable to pay GST?
Replies (1)

Petrol and Diesel is carried in tanker which are non gst goods in GST at present. ... However renting of vehicle attracts GST under SAC code 9972 and tax rate is 18%. Thus GST will be applicable according to nature of service whether it is covered under SAC 9965 or 9972.


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