WebRCM on Rent a cab . OCTOBER 14, 2024 . By G Natarajan, Advocate, Swamy Associates. S.No. 10 of Notification 11/2024 Central Tax (Rate) Dt. 28.06.2024, as amended from time to time prescribes the rate of GST for "renting of motor vehicles".. As it stands today, the following are the applicable rates. WebApr 2, 2024 · Analysis : In GST regime, the tax rate for renting of vehicles is 5% with ITC of input services in the same line of business or 12% with full ITC. In Service Tax (ST) regime, the effective tax rate was 6% with ITC of input services in the same line of business or …
RCM on Renting of Motor Vehicle - A Detailed Analysis
WebOct 12, 2024 · The supplier does not charge GST @ 12% in the invoice issued for outward supply. “Renting of motor vehicle” service vs. “Passenger transport” service – Renting of motor vehicle, designed to carry passengers, with operator (HSN 9966) is often confused … WebFeb 27, 2024 · The responsibility of paying GST for the supply of services by a goods transport agency (GTA )is transferred to the recipients who have not levied central tax at the rate of 6%, in regards to transportation of goods by road (in terms of notification no. 13/2024-Central Tax (Rate) dated 28.06.2024 (sr.no.1) as corrected by notification no. … dickies redhawk overalls royal blue
GST on Transport Charges (GTA) - TaxReply
WebPosition under GST. Explanation. 1. Services provided by the Government for the public. Services exempted. As explained above, the position remains the same as clarified in circular no. 210/2/2024- Service Tax and the services are exempted vide sl. No. 74 of notification no. 12/2024- Central Tax (Rate) dated 28th June, 2024. 2. WebEverstart is a popular brand of battery charger, and theyre not too difficult to use. DOCKSIDE BATTERY CHARGER MODELS 14982052, 14982060. and wheeled car battery chargers. " Mechanic found battery was OK. The amperage capacity of a car battery is measured in two different ways: amp hours or cold cranking amperage, or CCA rating. WebJul 7, 2024 · The rates of GST applicable to GTA services is amended and prescribed under Notification no. 20/2024- Central Tax (Rate) dated 22nd August 2024. Accordingly, GST rates are as under-. GST Rates. Conditions. 5% (2.5% CGST and 2.5% SGST) Input tax credit charged on goods/ services used for supplying GTA service is not available. citizens \u0026 northern bank wellsboro pa