Hiring out vehicle to a GTA

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..... We ourselves a GTA sometimes give on hire motor vehicles to other GTA along with driver and petrol exp is our service exempt under gst 12/2017 ? - Reply By KASTURI SETHI - The Reply = Yes. Exempted. See serial no.22 of Notification No.12/2017-CR(Rate) dated 28.6.17 as amended. Relevant extract of notification is as follows: Services by way of giving on hire - NIL (b) to a goods tra .....

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..... nsport agency, a means of transportation of goods. - Reply By AMEY SHARMA - The Reply = Respected Sir, doesn't it make a contract instead of hire, if we itself provide driver and reimburse fuel expenses ? because in income tax TDS on such transaction is under 194C and not 194I because along with motor vehicles above mentioned supplies are also provided. kindly provide clarity .....

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..... to our doubt - Reply By KASTURI SETHI - The Reply = Then the classification will change. It will fall under the category of Right to Use of Tangible Goods and situation has to be examined afresh from every angle. - Reply By NAGA DIVYA - The Reply = Hiring out vehicle to other GTA Mine (Partnership Firm ) Business Activity is GAS AGENCY. I hired vehicle to (X) other than GTA along with D .....

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..... river and other maintenance charges. X Paying hiring charges on trip basis and deducting TDS U/S 194C . How to raise invoice to 'X' and How to treat this service income under GST? please clarity on this issue. Thanks in Advance. - Hiring out vehicle to a GTA - Query Started By: - AMEY SHARMA Dated:- 30-9-2019 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion For .....

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..... um - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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