Tax liability-RCM

Whether RCM is applicable on bus hire charges?
Replies (4)
Quick Summary
This discussion explores the applicability of the Reverse Charge Mechanism (RCM) on bus hire charges. While some initially believe it's not applicable, others argue that buses fall under the definition of 'motor vehicles' for RCM purposes. The consensus leans towards RCM being applicable when a corporate entity receives services from a non-corporate provider for motor vehicle rentals, including buses.

No, I don't think it is applicable
No RCM is not applicable
Bt according to notification for hiring of motor vehicle ( defined under Motor vehicle Act 1988) no where mentioned tht bus is not included

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.

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