TaxTMI 
TaxTMI 
GST query- Rent a cab service
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....ST query- Rent a cab service<br> Query (Issue) Started By: - S VENKAT Dated:- 1-8-2017 Last Reply Date:- 1-8-2017 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>A person who is providing Rent....
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.... a cab service opts for payment of 5% GST (without ITC). Is he liable to pay under reverse charge on the amounts payable to unregistered suppliers(from whom he obtains rent a cab service)? If yes, how....
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.... much is the rate? is it 18% or 5%? Can he avail input credit of the same? Reply By Vamsi Krishna: The Reply: Only Cab operators falling under E-commerce (Call taxi, Ola,Uber etc) are covered under ....
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....RCM. If you are a normal cab operator other than E-commerce and opted for 5%, Input tax credit for your business are not allowed. Even if you make unregistered purcahses under Sec.9(4) the liability ....
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....has to e discharged however you are not eligible for availing the ITC since you opted 5% tax. Reply By S VENKAT: The Reply: Under such circumstances how much the person should pay under reverse char....
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....ge 5% or 18% ? Thank you for your reply. Reply By Vamsi Krishna: The Reply: The section provides ITC not available if you opt for 5% which means you will be eligible if you go for 18% tax on your ou....
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