Required Clarity on Notf no.29/2019(RCM)

[SOPL SOPL]

Dear Sir/Madam,

Please give clarity on Column no.3- of serial of 15 of notification no.29/2019 vs. notification no.22/2019. Actually Column no.3 meaning seems to be same, but wordings are bit different than earlier notf no.22/2019. Even though, i red the respective circular but didn't get the clarity.

Thanking you.

Regards

Gowtham

AI Summary

Reverse Charge Mechanism applies where a non corporate supplier fails to issue a tax invoice charging central tax, making recipient liable.
The substitute notification and circular clarify that renting-of-motor-vehicle services supplied by any person other than a body corporate to a body corporate become subject to the reverse charge mechanism where the supplier does not issue a tax invoice charging the central tax rate; this replaces the earlier entry that addressed non corporate suppliers paying tax at a concessional rate with limited input tax credit.