Reverse Charge Mechanism RCM on renting of motor vehicles

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..... AR No.130/49/2019-GST No.GSL/GST/S.168/B.72 Subject- Reverse Charge Mechanism RCM on renting of motor vehicles - reg. Suppliers of service by way of renting of any motor vehicle designed to carry passengers where the cost of fuel is included in the consideration charged from the service recipient have an option to pay GST .....

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..... service Recipient of Service (1) (2) (3) (4) 15 Services provided by way of renting of a motor vehicle provided to a body corporate. Any person other than a .....

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..... ce recipient as this is the settled procedure in law under RCM. There are only two rates applicable on the service of renting of vehicles, 5% with limited ITC and 12% with full ITC. The only interpretation of the notification entry in question which is not absurd would be that - (i) where the supplier of the service charges GST @ 12% from the service recipient, the service recipient s .....

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..... fulfils all the following conditions:- (a) is other than a body-corporate; (b) does not issue an invoice charging GST @12% (6% CGST + 6% GGST) from the service recipient; and (c) supplies the service to a body corporate. 6. It may be noted that the present amendment of the notification is merely clarificatory in natu .....

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