One of Mumbai Base person imported cranes from abroad. Then He gives cranes on rent to various companies for construction activity and crane operator is provided by owner of crane.
According to me Its SAC will be 997313 @ 18% GST. But my client inquired that if crane is imported and given on rent than there will be 28% GST.
My Question is :
1) What Will be rate of GST?
2) If 28% GST is there than what will be SAC?
3) Can it be considered as "GST ON SUPPLY OF SERVICES AT SAME RATE AS ON SUPPLY OF SIMILAR GOODS", then HSN will be 8705 attracting 28% GST?
If point 3 is applicabe than I need to collect 28% but in invoice what will be SAC?
CAclubindia
