WebBersamaWisata.com memberikan solusi kebutuhan wisata Anda, tiket pesawat, voucher hotel dan penginapan, kereta api, bus, rental mobil, aktivitas, pembayaran tagihan, ppob, … WebNov 16, 2024 · If Mr.X sells goods inclusive of transportation who take 5 vehicles only on hire @ 30000/- per month each, diesel, repairs, drivers salaries etc are born by Mr.X, 1. is …

GST on Cab and Taxi Services - A Complete Guide - TaxAdda

WebApr 13, 2024 · Therefore, in this case no ITC will be available as per section 17(5)(a). Counter question- How tax paid on RCM for car hire charges which are used for director … WebIs TDS under GST applicable when GST is paid under RCM on car hire charges by the recipient of the service i. e by RBI. Asked 3 years ago. Dear Sir, TDS under GST is not … cypher console order

Reverse Charge Mechanism and Accounting Entries for RCM in GST

WebPlease ♥Like ♥ Share ♥Subscribe♥♥Visit our store for buying our products: www.taxbykk.com♥♥♥GST Classes♥Income Tax Classes♥♥Visit our store for buying our … WebFeb 5, 2024 · Vide Notification 22/2024 dated 30.09.2024 Rent a cab become under RCM where Any person other than a body corporate, paying central tax at the rate of 5% on … Under RCM, the receiver of service is liable to pay tax on supply. Usually, the supplier of goods is liable to GST, but under RCM, the chargeability gets reversed. There are two GST rates used in renting motor vehicles: With full ITC- 12% With limited* ITC- 5% *Limited ITC means input tax credit can be claimed only from the … See more RCM was made applicable on renting of motor vehicles vide Notification no. 29/2024 dated 31.12.2024. Further, a clarification was also issued in this regard vide … See more RCM is applicable on renting motor vehicles only if the supplier is a person other than a body corporate. The table below summarises the applicability of RCM: See more bina aspen rothblatt