one query related to impact on propritorship in vehicle hiring.
example :-
a prop (P) is providing vehicle hire service to company (C). Now it cover in RCM company will pay gst.
now if prop (P) is also taking vehicle from other prop suppose A.
here A will charge GST to P. and P is only billing to company only.
Now my queries that P paid GST to other as input how can use ITC now if need to charge in cost then it's again becoming breaking the chain and double taxation.
Please discuss for it.
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Impact of RCM on vehicle hiring
Replies (2)
In your query prop P is the recipient from A who is again a proprietor. in this case RCM won't applicable
also P is not hiring his own vehicle to the company. for this discussion to be done.
also P is not hiring his own vehicle to the company. for this discussion to be done.
If prop P is registered under 5% scheme then he is already not eligible for itc
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