HIRE A CAR FOR RENT IN COMPANY

This discussion explains how to correctly report GST paid on a company car rented from an external party in your GSTR-3B. It details how to show the liability under Table 3.1(D) and claim input tax credit under Table 4(A)(3). The advice clarifies that this falls under Reverse Charge Mechanism (RCM) if specific conditions are met, such as the recipient being a body corporate and the supplier not being one, with the supplier paying tax at 5% GST with limited ITC.