Whether State University is Body Corporate for the purpose of RCM payable on rent a cab service.
Whether State University is Body Corporate
Rameshwar Mundhe
State University Status in Reverse Charge Mechanism for Rent-a-Cab Services under GST Questioned; Definition Key. A query was raised regarding whether a State University qualifies as a 'body corporate' for the purpose of Reverse Charge Mechanism (RCM) payable on rent-a-cab services under Goods and Services Tax (GST). The response suggested that the answer could be found by consulting the definition of 'body corporate' in the Companies Act and advised the inquirer to specify and elaborate on their query for more detailed assistance. (AI Summary)