Gst on passenger vehicles

315 views 2 replies

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

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