A GTA providing service of transportation of goods by road also provides services of renting of truck to other GTA .
Whether this rent income is taxable under GST Act
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Taxability of Truck Rent Income for GTA
Replies (7)
they are registered?
Service Provider is registered under GST but Service receiver may be registered/ unregistered.
yes. they it is applicable.it is treated as service
I think hiring out vehicle to GTA is exempt from GST
As per the entry number 22 of notificaton no 12/2017-of CGST Rules 2017,
Services by way of giving on hire –
(a)-----------------------------------
(b) to a goods transport agency, a means of transportation of goods.
is exempt...
yes crct neha agrawal.
services by way of giving on hire –
(a) to a state transport undertaking, a
motor vehicle meant to carry more than
twelve passengers; or
(b) to a goods transport agency, a means
of transportation of goods.
is exempted
services by way of giving on hire –
(a) to a state transport undertaking, a
motor vehicle meant to carry more than
twelve passengers; or
(b) to a goods transport agency, a means
of transportation of goods.
is exempted
If any GTA is hiring a truck. It is not liable to GsT. As in this case GTA has not received any services .it is exempt from GST but liable to tds as the case may be
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