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of <h1>Karnataka Clarifies Reverse Charge Mechanism for Motor Vehicle Rentals; RCM Applies to Non-Corporate Suppliers Charging 5% GST.</h1> The circular from the Karnataka Department of Commercial Taxes addresses the Reverse Charge Mechanism (RCM) for renting motor vehicles. Suppliers charging 5% GST with limited input tax credit (ITC) must apply RCM when providing services to corporate entities, while those charging 12% with full ITC are exempt from RCM. The notification clarifies that RCM applies if the supplier is not a body corporate, does not charge 12% GST, and supplies to a corporate body. The amendment, effective from October 1, 2019, is clarificatory and applies retroactively to ensure the notification's workability.
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