TMI Blogrent a cabX X X X Extracts X X X X X X X X Extracts X X X X ..... DEar Sir We are hires buses and vans for transporting our staff towards pick up and drop to our factory from their point. Our question what is the gst rate to be charged by the transporters. Some transporters saying they will charge 18% . what it is correct 5% or 18% Please clarify. Thanks Regards, S.Ramakrishnan - Reply By Vamsi Krishna - The Reply = Pls refer HSN code. 9964 which me ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntions Transportation of passengers by motorcab where cost of fuel is included in the consideration, then rate of tax is 5% provided the credit of input tax charged on goods and services used in supplying the service has not been taken. Most of the GTAs normally dont avail credit and the rate of tax shall be 5%.Pls check with your transporter, he might not have got registered under GST even ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .. - Reply By KASTURI SETHI - The Reply = Now after the meeting of GST Council held on 5.8.17, Rate of GST is either 5% or 12% not 18%. 5% with ITC and 12% no ITC. - Reply By Rajagopalan Ranganathan - The Reply = Sir, 5% rate is without ITC and 12% rate is with ITC. - Reply By ajay gaur - The Reply = When u hire taxi then gst rate is 5% and otherwise 18% - Reply By ajay gaur - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply = GTA is RCM and gta rate is 5 % and ITC depend on ur business type 9 type of business in this list for avail ITC like that agriculture produce medical and military and medical equipment - Reply By RAMESH PRAJAPATI - The Reply = GST Rate is 5% on services by way of Transport of passengers, with or without accompanied belongings by- (a) air conditioned contract carriage other than mo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... torcab ; (b) air conditioned stage carriage; (c) radio taxi. But Transport of passengers, with or without accompanied belongings, by non-airconditioned contract carriage other than radio taxi, for transportation of passengers, excluding tourism, conducted tour, charter or hire is exempted vide Notification No 12/2017-CT (Rate) dated 28.06.2017 . - rent a cab - Query Started By: - Ramak ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rishnan Seshadri Dated:- 16-8-2017 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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