GST imposed rate on Renting of motor cab

GST levied rate on Renting of motor cab business

 

GST imposed rate on Renting of motor cab

What is the present GST rate tariff on Renting of motor cab? How much GST tax payable on Renting of motor cab? Present Indian GST charges on Renting of motor cab?

 

The below information details about GST imposed rate on Renting of motor cab

 

We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories

 

 

The rate of GST on Renting of motor cab (If fuel cost is borne by the service recipient, then 18% GST will apply) fixed by GST council at the introduction of GST in July, 2017 is 5% NO ITC

 

 


This detail about GST rate tariff on Renting of motor cab is only for information.

 

The validity of above information and amendments about GST rate on Renting of motor cab may be verified before any business dealing.

 

If you wish to add more information about those articles explaining about Renting of motor cab, you can also write below the space provided for it. Share your views about GST impact on Renting of motor cab business industry.

 

 

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Comments


Sudhir: Hii, If fuel cost is born y us, paid the GST @18% under, in that case its is allowed or not. Pls explain

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