good morning sir
one of my friend have 2 teucks. and he gives them on hire to transport agencies . then what is the GST compliance he have to fulfill. and how he generator invoice and what is GST rate applicable for it
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gst on person giving trucks on rent
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Exempt Service.
Entry No. 22 of N.N. 12/2017-Central Tax (Rate) dated 28.06.2017
“Services by way of giving on hire – (a) to a state transport undertaking, a motor vehicle meant to carry more than twelve passengers; or (b) to a goods transport agency, a means of transportation of goods.”
thanks you very much sir for your support
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