Tax liability-RCM
Heli Shah (Article Assistant) (60 Points)
01 June 2021
Whether RCM is applicable on bus hire charges?
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 01 June 2021
Heli Shah
(Article Assistant)
(60 Points)
Replied 01 June 2021
CA Altamush Zafar
(GST Consultant)
(15921 Points)
Replied 01 June 2021
Yes.
RCM is applicable on Renting of motor vehicle where service provider is not corporate but service receiver is corporate.
Bus will get included in motor vehicle.
CAclubindia
