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TMI BlogGST query- Rent a cab serviceX X X X Extracts X X X X X X X X Extracts X X X X ..... GST query- Rent a cab service X X X X Extracts X X X X X X X X Extracts X X X X ..... t a cab service opts for payment of 5% GST (without ITC). Is he liable to pay under reverse charge on the amounts payable to unregistered suppliers(from whom he obtains rent a cab service)? If yes, ho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... w much is the rate? is it 18% or 5%? Can he avail input credit of the same? Reply By Vamsi Krishna: The Reply: Only Cab operators falling under E-commerce (Call taxi, Ola,Uber etc) are covered under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RCM. If you are a normal cab operator other than E-commerce and opted for 5%, Input tax credit for your business are not allowed. Even if you make unregistered purcahses under Sec.9(4) the liability ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has to e discharged however you are not eligible for availing the ITC since you opted 5% tax. Reply By S VENKAT: The Reply: Under such circumstances how much the person should pay under reverse cha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rge 5% or 18% ? Thank you for your reply. Reply By Vamsi Krishna: The Reply: The section provides ITC not available if you opt for 5% which means you will be eligible if you go for 18% tax on your o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... utward supplies.. X X X X Extracts X X X X X X X X Extracts X X X X
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