https://www.taxtmi.com/caselaws?id=450478 The AAR-Kerala held that services of providing passenger buses on rent/lease to Kerala State Road Transport Corporation (KSRTC) are exempt from GST. The applicant provided buses with trained drivers under an agreement where KSRTC bore fuel costs while the applicant received rental charges on kilometer basis plus additional consideration from advertisements and cargo transportation. The Authority determined that KSRTC qualifies as a state transport undertaking under relevant provisions. Following CBIC Circular No. 164/20/2021-GST clarifying that "giving on hire" includes renting of vehicles, the transaction qualified for exemption under Entry 22 of Notification No. 12/2017-Central Tax (Rate) for rental services of motor vehicles carrying more than twelve passengers to state transport undertakings. en-us Tue, 27 Jun 2023 00:00:00 +0530 Mon, 28 Apr 2025 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450478 The AAR-Kerala held that services of providing passenger buses on rent/lease to Kerala State Road Transport Corporation (KSRTC) are exempt from GST. The applicant provided buses with trained drivers under an agreement where KSRTC bore fuel costs while the applicant received rental charges on kilometer basis plus additional consideration from advertisements and cargo transportation. The Authority determined that KSRTC qualifies as a state transport undertaking under relevant provisions. Following CBIC Circular No. 164/20/2021-GST clarifying that "giving on hire" includes renting of vehicles, the transaction qualified for exemption under Entry 22 of Notification No. 12/2017-Central Tax (Rate) for rental services of motor vehicles carrying more than twelve passengers to state transport undertakings. Case-Laws GST Tue, 27 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450478