TaxTMI 
TaxTMI 
If a Filling Station has one truck and given the same vehicle hire basis to Indian Oil Corporation. In the given situation, who is liable to pay tax either Filling station under FCM or the PUS under RCM or none of them as it is exempted?
GST on Hire Vehicle given to Oil PSU like IOCL
13 Jan 2022 
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Vehicle hire: forward-charge GST applies to owner; GTA classification shifts liability to recipient for consignment services.
Whether GST is payable by the filling station or the recipient depends on classification: where the supply is rental of a motor vehicle on periodic hire, GST is payable on a forward-charge basis by the provider; where the service qualifies as Goods Transport Agency service with consignment notes, liability may shift to the recipient under reverse charge. Contract terms-rental versus trip/consignment basis, consignment notes, and operational control-are determinative, and exemption provisions for road transport services may further affect taxability. (AI Summary)
Whether GST is payable by the filling station or the recipient depends on classification: where the supply is rental of a motor vehicle on periodic hire, GST is payable on a forward-charge basis by the provider; where the service qualifies as Goods Transport Agency service with consignment notes, liability may shift to the recipient under reverse charge. Contract terms-rental versus trip/consignment basis, consignment notes, and operational control-are determinative, and exemption provisions for road transport services may further affect taxability. (AI Summary)