Dear Krisshnan The Services provider is already registered & the Querist is asking Renting of vehicle Rate & whether RCM is applicable ....... So plz reply as per the query being asked.
Dear Anup Kumar : As per Notification 11/2017 CT , On renting of motor vehicles there are 2 GST rates are prescribed . 1. @ 5% GST without ITC 2. @ 12% GST with ITC
Now come to your 2nd part of Query Whether RCM is applicable .. so In term of Notification 22/2019 CT (R) , The RCM is applicable on Services being provided by way of Renting of Vehicle only if Below all the condition is satisfied : 1. Services provider is Individual (Proprietary firm) 2. Services provider has opted to pay Tax @ 5% without ITC 3. The Recipient is Body corporate.