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.
If motor vehicle which is being rented is 12 or more seater then credit is eligible. If not credit is not eligible.
Also, to reduce tax costs may look at comparing quotes from other rent a cab providers who charge 5% GST instead of 12%.
CMNITY HIRE
New Delhi
Others
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Shyam Joshi & Associates
Pune
B.Com
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SMJ global advisors pvt ltd
New Delhi
B.Com
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SSGS and Associates
Chennai
CA Inter
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CAclubindia
