https://www.taxtmi.com/forum/issue?id=114396 Transport services supplied in India to a foreign company consumed in India fall under Section 12(8)(b) of the IGST framework and, if supplied under the forward charge mechanism, attract IGST at the applicable composite rate; the supplier can claim input tax credit when tax is paid under forward charge and the mechanism is adopted at the start of the financial year. Hire of vehicles to a goods transport agency is notified as exempt (nil-rated). When vehicles are hired from an unregistered transporter, reverse charge liability may arise on that procurement. en-us Tue, 11 Dec 2018 06:30:25 +0530 Thu, 23 Jan 2025 15:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114396 Transport services supplied in India to a foreign company consumed in India fall under Section 12(8)(b) of the IGST framework and, if supplied under the forward charge mechanism, attract IGST at the applicable composite rate; the supplier can claim input tax credit when tax is paid under forward charge and the mechanism is adopted at the start of the financial year. Hire of vehicles to a goods transport agency is notified as exempt (nil-rated). When vehicles are hired from an unregistered transporter, reverse charge liability may arise on that procurement. Discussion-Forum GST Tue, 11 Dec 2018 06:30:25 +0530 https://www.taxtmi.com/forum/issue?id=114396