RCM applicability on rent a cab service

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22 Points Posted on 25 February 2021
Is RCM applicable on rent a cab service?
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On 25 February 2021 at 08:03 Report
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This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on rent-a-cab services under GST. It confirms that RCM is generally applicable to cab services. However, it's crucial to note that input tax credit cannot be claimed in such scenarios. The applicability is particularly relevant when a corporate entity receives services from a non-corporate provider.

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Chartered Accountant
24588 Points Posted on 25 February 2021
Yes rcm is applicable on cab services
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On 25 February 2021 at 09:20
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student
222 Points Posted on 25 February 2021
Rcm would be spplicable....but make sure u dont take credit also
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On 25 February 2021 at 09:48
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Tax consultant
552 Points Posted on 25 February 2021
Rcm applicable if the provider non corporate
n receiver is corporate.
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On 25 February 2021 at 13:51
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Chartered Accountant
7550 Points Posted on 25 February 2021

Yes RCM is applicable. Refer - https://www.cbic.gov.in/resources//htdocs-cbec/gst/circular-cgst-130.pdf

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On 25 February 2021 at 14:50

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