In the following independent cases, decide taxability or otherwise and also state which person is liable to pay GST, if any. You may assume that recipient is located in the taxable territory. Ignore the aggregate turnove
CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · PYQS · June 2026
In the following independent cases, decide taxability or otherwise and also state which person is liable to pay GST, if any. You may assume that recipient is located in the taxable territory. Ignore the aggregate turnover of previous year: TTY Ltd., provided service to RRE Ltd. regarding service by way of renting of motor vehicle designed to carry passengers where the cost of fuel is included in the consideration charged from the service recipient. RRE Ltd. opted to pay GST @ 5%.
Answer & Explanation:
In this case, supplier will pay tax because supplier is body corporate hence RCM provision will not be applicable here HENCE 'TTY Ltd. will pay tax under forward charges (Notification 13/2017).
Topics: GST
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