GST rate for hiring of autos

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44 Points Posted on 15 July 2020
What is the gst rate for renting of autos??
A company is taking autos on rent from an unregistered person for furtherance of business. What is the rate applicable to pay gst under RCM by the company in this case of hiring autos??
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On 15 July 2020 at 13:51 Report
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This discussion clarifies the Goods and Services Tax (GST) rate applicable when a company hires autos from an unregistered individual for business purposes. The applicable GST rate is 18%. Furthermore, the company will need to pay this GST under the Reverse Charge Mechanism (RCM).

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1313 Points Posted on 15 July 2020
Gst rate for renting autos:18%
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On 15 July 2020 at 19:08
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1102 Points Posted on 15 July 2020
GST rate will be 18%
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On 15 July 2020 at 19:50

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