Car Rental Services Under Rcm. there is an obligation to pay gst under the reverse charge mechanism. in other words, all remote services (i.e.
RCM under GST GSTHero Online GST Return Filing & EWay Bill - image credit : gsthero.com
5000 per day for all suppliers. prior to such date the said service would have been classified under hsn. let's check sac codes for various transportation services under gst.
RCM under GST GSTHero Online GST Return Filing & EWay Bill
renting of a motor vehicle which is designed to carry passengers (wherein the cost of. the rcm provisions requiring the body corporate (recipient of service) to. here is an example to help us understand rcm better. gst on rent a cab has been brought under reverse charge mechanism.
