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Rent a cab

Others 220 views 7 replies

hI 

Kindly suggest : 

Under RENT A CAB catogery , can we have both segments i.e 5 % & 12% ( with itc) 

Kindly advise.

Replies (7)
No . U have to choose only one of the date

5% with no itc

Rate *
Yes 5 without ITC

as per recent notifications , it was submitted that we can opt for either ..

And in our business direct customers does not pay more then 5 % & corporates want to claim ITC so we have to bill @ 12 % ??

So we are ina dilema what to opt for ??

But how I maintain accounts if u avail both , availing both rates may not b advisable
Not possible only one scheme you adopt


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