Taxcharcha
CGST CircularsGSTGSTLatest

Circular No. 130/49/2019-GST – Reverse Charge Mechanism (RCM) on renting of motor vehicles

Circular no. 130/49/2019-GST

On 31st December 2019, the Central Board of Indirect Taxes and Customs has issued the Notification no. 29/2019-Central tax rate regarding the RCM on renting of motor vehicles. To clarify the position of the Notification, the CBIC has released the circular clarifying the treatment of the RCM on the renting of motor vehicles to the body corporates by the non body corporates.

To view and download the circular, click here Circular 130-2019 GST

Related posts

Notification No. 02/2021 – Central Tax (Rate) – Allowing utilisation of ITC by Landowner promoter and change in GST rate of Maintenance, Repair and Overhaul services of ships and vessels

Team Taxcharcha

Notification No. 16/2018-Central Tax (Rate) ,dt. 26-07-2018 – Seeks to amend notification No. 14/2017- Central Tax (Rate) to notify that services by way of any activity in relation to a function entrusted to a municipality under Article 243W shall be treated neither as a supply of good nor a service.

Team Taxcharcha

Notification no 63/2019-Cost Inflation Index for FY 2019-20

Team Taxcharcha