As per notification 22/2019
If Services provided by
any person other than a body corporate,
(paying CGST/SGST at the rate of 2.5% or IGST at the rate 5℅on renting of motor vehicles with input tax
credit only of input service in the same line of business) by way of renting of a motor vehicle provided to a body corporate
Then
RCM is applicable under sec 9(3) of CGST Act and service receiver subject to conditions is liable to pay GST on input service availed under RCM
But
If service provider(other than Body Corporate) is charging 12% to body corporate.
RCM is applicable or not?
Can any one explain?
CAclubindia
