TaxTMI 
TaxTMI 
TaxTMI 
What would be the GST implications on renting of aircraft? What would be the place of supply for renting of aircraft? What would be the nature of services?
Renting of aircraft
Amisha Aggarwal
Aircraft Rental Services Dissected: GST Complexities Unravel Service Classification, Place of Supply, and Tax Implications Under Section 9973 A discussion forum explores GST implications for aircraft rental, focusing on place of supply, service classification, and tax treatment. The key points include 5% GST under HSN 9973, determining place of supply based on recipient location, and differentiating between intra-state and inter-state service supplies. The analysis centers on how the physical location of the aircraft and parties affects tax jurisdiction and potential export status. (AI Summary)