https://www.taxtmi.com/forum/issue?id=120078 Hiring out trucks can be an exempt supply under Notification No.12/2017 (Entry 22/22(b)) where the vehicle is hired to a goods transport agency or where the owner merely rents the vehicle without issuing a consignment note or performing transport services. To support the exemption maintain hire agreements, invoices specifying vehicle hire, records proving no consignment note was issued, segregated accounting of exempt income, and declarations from hirers when vehicles are given to GTAs; reversal of input tax credit for exempt supplies is required. en-us Sun, 01 Jun 2025 21:41:02 +0530 Tue, 03 Jun 2025 08:12:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120078 Hiring out trucks can be an exempt supply under Notification No.12/2017 (Entry 22/22(b)) where the vehicle is hired to a goods transport agency or where the owner merely rents the vehicle without issuing a consignment note or performing transport services. To support the exemption maintain hire agreements, invoices specifying vehicle hire, records proving no consignment note was issued, segregated accounting of exempt income, and declarations from hirers when vehicles are given to GTAs; reversal of input tax credit for exempt supplies is required. Discussion-Forum GST Sun, 01 Jun 2025 21:41:02 +0530 https://www.taxtmi.com/forum/issue?id=120078