9911796707
TMI BlogRenting of TipperX X X X Extracts X X X X X X X X Extracts X X X X ..... Renting of Tipper X X X X Extracts X X X X X X X X Extracts X X X X ..... having a turnover above 2crore also supply the service of renting of JCB & Tipper. What is the GST implication of the supply of service of JCB & Tipper?? Reply By Ganeshan Kalyani: The Reply: GST @ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 18% is applicable. Reply By Renju Joy: The Reply: Sir If the turnover is 1crore & is registered under composition scheme paying GST @1%.This cement dealer also supply renting of JCB & Tipper for 4l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... akh.What is the GST applicable? Reply By Alkesh Jani: The Reply: Shri In this case please refer 2nd proviso to Section 10(1) of CGST Act,2017. Thanks Reply By KASTURI SETHI: The Reply: Renting o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f machinery will attract GST@18% as opined by Sh.Ganeshan Kalyani Ji. The dealer has opted for Composition Scheme for goods and not for services. Turnover of service (renting) should not exceed Rs.fiv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e lakhs. It is 10% of turnover or Rs.five lakhs, whichever is higher. Supplying service to the extent mentioned above is additional facility for Composition Dealer. 1% is not applicable to supply of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice. I support the views of Sh.Alkesh Jani Ji and Sh.Ganeshan Kalyani Ji. Reply By Renju Joy: The Reply: His service is limited to 4lakh Reply By Ganeshan Kalyani: The Reply: Thanks Sri Kas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... turi Sir. X X X X Extracts X X X X X X X X Extracts X X X X
|
