Renting of passenger motor vehicles: tax treatment clarified for supplies to body corporates where fuel cost is included. The amendment replaces serial number 15 to treat services consisting of renting passenger motor vehicles with fuel cost included when supplied to a body corporate; it applies where the supplier is a person other than a body corporate who does not issue an invoice charging central tax at the rate of 6 per cent., and the recipient is any body corporate located in the taxable territory.
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Renting of passenger motor vehicles: tax treatment clarified for supplies to body corporates where fuel cost is included.
The amendment replaces serial number 15 to treat services consisting of renting passenger motor vehicles with fuel cost included when supplied to a body corporate; it applies where the supplier is a person other than a body corporate who does not issue an invoice charging central tax at the rate of 6 per cent., and the recipient is any body corporate located in the taxable territory.
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