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If you want to opt for forward charge with Input Tax Credit (ITC) for renting of motor vehicle services, the GST rate you'll need to charge is *12%*.¹ ² This rate applies when you're providing motor vehicle rental services to a body corporate and you're eligible to claim full ITC. Keep in mind that there's another GST rate of *5%* with limited ITC, but that's applicable when you're not eligible to claim full ITC or when you're providing services to a non-body corporate entity.
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