Gst on hiring of vehicle

CA Ankit Agarwal (CA, CS) (688 Points)

05 December 2017  

A company is hiring a bus for for their employees for 3 years.

Hiring charge- 1200 per day. For 3 year= Rs. 13,14,000

Diesel charge for 3 year = Rs. 15,00,000.

What will be the GST impact on above transaction.

Note- Contract is to be awarded to the provider of vehicle .