EXPERTS ,
I READ IN NOTIFICATION NO. Notification No. 13/2017- Central Tax (Rate) IN SR. NO. 5 (III) REGARDING TRANSPORT OF GOODS OR PASSENGER. SIR I AM CONFEUSING ON TRANSPORT OF PASSENGER. WHAT IS THE MEANS OF THESE LINES TRANSPORT OF PASSENGER. ???? IN SIMPLE LINES IF A FECTORY HIRED NON AC BUS FOR HIS EMPLOYEE . THEN IS THIS SERVICE WILL CAME UNDER TRANSPORT OF PASSENGER SERVICE ????
Extracted........
Sl. No. ..........5
Category of Supply of Services .........
Services supplied by the Central Government, State Government, Union territory or local authority to a business entity excluding, -
(1) renting of immovable property, and
(2) services specified below
(i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Central Government, State Government or Union territory or local authority;
(ii) services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport;
(iii) transport of goods or passengers.
Supplier of service ........... Central Government, State Government, Union territory or local authority
Recipient of Service ...........Any business entity located in the taxable territory.
Query........
IF A FECTORY HIRED NON AC BUS FOR HIS EMPLOYEE . THEN IS THIS SERVICE WILL CAME UNDER TRANSPORT OF PASSENGER SERVICE ????
Here receipant of service............ factory....... OK
Who is supplier ?????????????? (any Governmental agency????????)
One more Irony is that....... it is in exclusion list !!!!!!!!!
So....... this notification is not applicable in your case......
 |
sir what is the means of excluding in sr no 5 |  |
All the services supplied by Governmental agencies.....Except (excluding) these three services are taxable under RCM......
It means RCM over these 3 services are not applicable even if supplied by Governmental agencies to business entities.... (but not in other cases)
CAclubindia
