Passenger Transportation And Renting Of Motor Vehicle With Operator Attracts Same GST Rate Or Compensation Cess As Supply Of Motor Vehicles By Way Of Sale: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that input services in the same line of business include transport of passengers (SAC 9964), renting of motor vehicles with operators (SAC 9966), and not leasing of motor vehicles without operators (SAC 9973), which attracts GST and/or compensation cess at the same rate as supply of motor vehicles by way of sale.The Board...