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Gst for renting of vehicle
I am registered under gst as regular tax payer.i am providing vehicle (car) with fuel and driver to department of railway on contract basis.they tell me to charge gst @ 5 %and I am paying tax.is iam liable to take itc? of goods purchased for my office? iam also providing other contract services to dept. of railway.like some small construction work so can I avail the itc on cement,sariya purchased for that?
Replies (6)
Are you renting your Vehicle to C.R ?.
C.R means?
Not C.R ( Central Railways ) , its Railways , Are you renting vehicle to railways ?.
Yes indian railway (Western railway)
As per section 17(5) of the CGST act 2017 , for renting of Vehicle , No Input Tax credit available , its Block Credit .
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