sir. Is hiring out vehicle to GTA is exempt? Mr.A gives his lorry to Mr.B who is GTA! should Mr.A Register for GST!
if no then
if Mr.A does two business 1. Labour charges which is around 10.00 lkhs and 2. Hired out vehicle to GTA which is 12.00 lakhs should he register now!
GST Registration Required for Mr. A: Combined Turnover from Vehicle Hire and Labor Services Exceeds Threshold A query was raised regarding whether Mr. A needs to register for GST when hiring out a vehicle to a Goods Transport Agency (GTA) and also engaging in labor services. Mr. A's income includes INR 10 lakhs from labor charges and INR 12 lakhs from hiring out a vehicle. Three responses agreed that GST registration is necessary because both activities are taxable supplies, and their turnovers should be combined. Although hiring a vehicle to a GTA is generally exempt, the total turnover exceeds the threshold requiring GST registration if both businesses are under the same PAN. (AI Summary)
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