https://www.taxtmi.com/article/detailed?id=8895 The amendment subjects renting of passenger motor vehicles to reverse charge mechanism when supplied to a body corporate and the contract price includes fuel cost, provided the supplier is not a body corporate and does not invoice the stipulated central tax rate; in such cases the corporate recipient must pay GST under RCM, creating contractual, invoicing and accounting consequences and prompting tax-planning by suppliers regarding forward charge invoicing and input tax credit. en-us Wed, 08 Jan 2020 07:11:50 +0530 Wed, 11 Feb 2026 15:58:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8895 The amendment subjects renting of passenger motor vehicles to reverse charge mechanism when supplied to a body corporate and the contract price includes fuel cost, provided the supplier is not a body corporate and does not invoice the stipulated central tax rate; in such cases the corporate recipient must pay GST under RCM, creating contractual, invoicing and accounting consequences and prompting tax-planning by suppliers regarding forward charge invoicing and input tax credit. Articles Goods and Services Tax - GST Wed, 08 Jan 2020 07:11:50 +0530 https://www.taxtmi.com/article/detailed?id=8895