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Gst on passenger vehicles

237 views 2 replies

Akash

proprietor

82 Points Joined April 2017

Dear Experts,

I am giving my bus on a fix rent (including driver) to a company for the transportation of their employees from one fix location to their office. Do I need to register myself under GST or is it exempted?

Also please confirm what would be the rate of tax in case it comes under GST?

Replies (2)

maikulal bhagat

9 Points Joined April 2017

yes, you must be register under gst if your GTO exceed the limits and rate of gst 5% without ITC or 12% with ITC

Pankaj Rawat

GST Practitioner

55062 Points Joined June 2017

yes as pe4 notification 11/2017 CT (r)
Its 5 % without ITC & 18% with ITC

And As per section 24 CGST Act if your Turnover exceeds 20lac year , the registration is mandatory