GST treatment where the Buses are given on contract but all the running costs are borne by the owner https://www.taxtmi.com/forum/issue?id=117617 Where buses are given to a conductor for a fixed daily payment while the owner bears major running costs but the conductor bears fuel, tolls and driver wages, the supply is renting of motor vehicle, not transportation of passengers. No general GST exemption applies; exemption is limited to leases to a State transport undertaking or leases for transportation of students, faculty or staff to an educational institution. The discussion notes the applicable HSN classification for the activity. en-us Fri, 05 Nov 2021 13:19:28 +0530 Thu, 23 Jan 2025 15:54:25 +0530 TaxTMI RSS Generator GST treatment where the Buses are given on contract but all the running costs are borne by the owner https://www.taxtmi.com/forum/issue?id=117617 Where buses are given to a conductor for a fixed daily payment while the owner bears major running costs but the conductor bears fuel, tolls and driver wages, the supply is renting of motor vehicle, not transportation of passengers. No general GST exemption applies; exemption is limited to leases to a State transport undertaking or leases for transportation of students, faculty or staff to an educational institution. The discussion notes the applicable HSN classification for the activity. Discussion-Forum GST Fri, 05 Nov 2021 13:19:28 +0530 https://www.taxtmi.com/forum/issue?id=117617