notification no 22 CT rate 30/09/2019 RCM on Motor vehicles

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..... notification no 22 CT rate 30/09/2019 RCM on Motor vehicles
Query (Issue) Started By: - Madhavan iyengar Dated:- 27-11-2019 Last Reply Date:- 27-11-2019 Goods and Services Tax - GST
Got 1 Reply .....

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GST
If Motor vehicle is rented by a unregistered person ( individual/ firm) to a body corporate then body corporate has to discharge GST @5% If Motor vehicle is rented by a GST Regd person ( i .....

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..... ndvidual/ firm) to a body corporate then body corporate has to discharge GST @5% IF Motor vehicle is rented by a GST Regd person body Corporate to another body corporate then following to be checked .....

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..... on applicability of RCM a) IF Body Corporate who is providing service and he avails credit of input services in same line of business and charges 5% GST on forward charge then no RCM b) IF Body Corp .....

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..... oarte who is providing service and he does not avail credit of input services in same line of business then RCM will apply to the receipient body corporate Experts kindly give your views on the above .....

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..... Reply By KASTURI SETHI: The Reply: No RCM is applicable if service provider is a body corporate. W.r.t. (b) above.
Discussion Forum - Knowledge Sharing .....

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