Home Forum Goods and Services Tax - GST Month 10 2019 2019 (10) This
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RCM ON RENTING OF MOTOR VEHICLES UNDER GST - Goods and Services Tax - GSTExtract As per the GST Notification no.22/2019 dtd.30th Sep,2019 , RENTING OF MOTOR VEHICLE has been brought under RCM bracket. The definition of 'Motor Vehicle' under Motor Vehicles Act covers almost all motorised vehicles ,except a few. In this regard kindly confirm the following; 1. Whether hiring of vehicles for TRANSPORTATION OF EMPLOYEES by a company on a regular basis , will attract RCM? (fuel cost included in contract,ITC is not availed by the supplier, The contract nomenclature is Hiring of Buses/Cars for a period of 3 years ) 2. What if the fuel cost is NOT included in contract, in the above example. 3. Is there any separate treatment applicable for CASUAL hiring contract ( hiring on need basis) There is lot many confusion exist in the industry with respect to above inclusion . Kindly throw some light on this pls.
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