Truck gives on rent to GTA service provider

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if i m a truck owner and i give my truck on rent to gta service provider then he gives me rent ....does gst will attract my income? if yes how it will impact ?
Replies (5)

Only if your rent income being sole income exceeds 20 lac then GST will be attracted.

 

No... The said service is exempted under GST. So, simply leave the think about GST levy on Your service.
Does it matter truck owner registered person or unregistered?
No need to register if he earn income the said way...
In case the owner of the Vehicle gives his vehicle on Hiring to GTA, then the hiring charges are exempt from GST as per below

Notification No. 12/2017- Central Tax (Rate) New Delhi, the 28th June, 2017, Heading 9966 or Heading 9973


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