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Gst on car rent

pallav (still a learner....) (938 Points)

23 August 2017  

Dear Members..

Please suggest..

An individual is engaged in renting out his cars to offices(bank, college, etc)

Whether GST applicable on it..if yes what will be the Rate of Tax and Sevice Code

Is RCM applicale?

 

 

 

Regards..

 


 2 Replies

sunil kumar sharma (jr accountant) (708 Points)
Replied 23 August 2017

if your client paid consideration including fuel other charge then 5 %%%
paid fule charge driver charge 18%%%

Manas Das (1431 Points)
Replied 24 August 2017

is yuor turnover more than 20 lakhs p.a

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