INCOME FROM RENT COLLECTION OF TIPPER

[Renju Joy]

A contractor registered under GST also having hire collection from one Tipper truck. What is the GST Liability on his collection from Tipper?

AI Summary

Leasing of vehicles: GST applies where hire is a right-to-use supply, not the nil-rated transport service.
GST on tipper hire turns on classification: hire of a tipper without operator constitutes leasing or renting of goods (right-to-use) and is subject to the standard GST rate; the nil-rated exemption for transportation applies only where the supply is a carriage service or where specific exemption conditions, such as hiring to a goods transport agency, are met.