TaxTMI 
TaxTMI 
Renting of Tipper
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....enting of Tipper<br> Query (Issue) Started By: - Renju Joy Dated:- 22-6-2020 Last Reply Date:- 24-6-2020 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>A proprietary concern dealer in cement ....
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....having a turnover above 2crore also supply the service of renting of JCB & Tipper. What is the GST implication of the supply of service of JCB & Tipper?? Reply By Ganeshan Kalyani: The Reply: GST @1....
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....8% is applicable. Reply By Renju Joy: The Reply: Sir If the turnover is 1crore & is registered under composition scheme paying GST @1%.This cement dealer also supply renting of JCB & Tipper for 4la....
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....kh.What is the GST applicable? Reply By Alkesh Jani: The Reply: Shri In this case please refer 2nd proviso to Section 10(1) of CGST Act,2017. Thanks Reply By KASTURI SETHI: The Reply: Renting of....
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.... machinery will attract GST@18% as opined by Sh.Ganeshan Kalyani Ji. The dealer has opted for Composition Scheme for goods and not for services. Turnover of service (renting) should not exceed Rs.five....
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.... lakhs. It is 10% of turnover or Rs.five lakhs, whichever is higher. Supplying service to the extent mentioned above is additional facility for Composition Dealer. 1% is not applicable to supply of se....
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....rvice. I support the views of Sh.Alkesh Jani Ji and Sh.Ganeshan Kalyani Ji. Reply By Renju Joy: The Reply: His service is limited to 4lakh Reply By Ganeshan Kalyani: The Reply: Thanks Sri Kast....
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....uri Sir.<br> Discussion Forum - Knowledge Sharing ....