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GST Registration - Renting of Car

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madinashabana11

MBA

885 Points Posted on 23 January 2020

Dear Experts.... My uncle have a car and he wants to give it on rent. Plz guide me whether GST Registration is required for this or not ? If Yes plz share the HSN code i have to mention in registration form. One more thing is he is already having a fertilizer business so can he take another registration on his PAN for 2nd business also ? Plz guide me sir...

Replies (2)

Quick Summary

If your uncle's car rental business is expected to earn over £20,000 in a financial year, GST registration is mandatory. As he already has a fertiliser business and is GST registered, he must charge GST on car rentals. The applicable SAC code falls under the 99 series. He can add this service to his existing GST registration or obtain a separate GSTIN if operating in different locations.

Pradum kumar

TAX CONSULTANT

85 Points Posted on 23 January 2020

Gst registration is mandatory when services provide more then 20 lakhs in the financial year. If the fall this condition, so he should take Gst registration

CA SANDESH MAHIPAL

Practicing in GST and MSME

1149 Points Posted on 24 January 2020

Since he is already registered, he has to charge GST on renting a car.
SAC code 99 series will be applicable.
He can show this in the same registeration number or he can also obtain different GSTIN for different places.