Gst paid on vehicle hired on monthly rental basis

IF MONTHLY CHARGES INCLUDED THE DIESEL/PETROL CHARGES THAN @ 5% GST WILL BE APPLICABLE.

Monthly Fixed charge includes driver salary, PF, ESIC, Insurance of the vehicle, Repairing & Maintenance of the vehicle etc.

And for fuel cost, the contractor will be provided running charge per KM @ Rs 10.00 in the same bill & invoice.

As per GST Act, if fuel cost is included in the consideration then GSR Rate will be 5% otherwise 18%.

In that scenarion, what will be the GST rate ?

 

FOR YOUR CLARIFICATION NOW IN HIRING OF LIGHT VEHICLE GST CHARGES WILL BE 5% OR 12%

18% RATE IS AMENDED TO 12%

FOR YOUR QUESTION "As per GST Act, if fuel cost is included in the consideration then GSR Rate will be 5% otherwise 18%."

Ans:- GST Rate is 5% without ITC

Dear experts,

my client is service provider (vehicle hire business), they generate bill to service receiver on 5% (including fuel cost and driver salary, etc.,) they can claim ITC eligible or not ??? (purchase of new car, car maintenance etc.,)