Madam/Sir,
We are private limited company, we had taken a rent a cab service from registered cab service provider with tax charged 12% , Cgst 6% and Sgst 6%.
Kindly advise regarding input credit on this case.
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Input Tax Rent a Cab Service
Replies (6)
Quick Summary
As per section 17(5)(b)(i) of the CGST Act, renting of motor vehicles is blocked credit , so you Can not claim input tax credit.
Purpose is important.
Take others opinion as well.
Service provider whether corporate or non corporate? if corporate FCM applicable
non corporate rcm applicable to you.
no ITC available.same line of business can avail.
non corporate rcm applicable to you.
no ITC available.same line of business can avail.
Input tax rent a cab
Input tax credit cannot be availed
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