GST code of rent a cab and detail of gst rate

Reply—Service of transportation of passengers, with or without accompanied belongings, by (e) metered cabs or auto rickshaws (including e-rickshaws) taxable @ 5% under S.No.17 of Noti. No.12/2017-CT (Rate) (S.No.26) Dated: 28.06.2017 SAC code 9964. Renting of Motor Vehicles where the cost of fuel is included in the consideration charged from the service recipient attracts 5% GST under S.No.10(i) of Noti. No.11/2017-CT (Rate) (S.No.25) Dated: 28.06.2017. Provided that credit of input tax charged on goods and services used in supplying the service has not been taken. SAC code is 9966.

Services provided by way of renting of a motor vehicle provided to a Body corporate by any person other than a Body corporate, paying  tax at the rate of 5% on renting of motor vehicles with input tax credit only of input service in the same line of business to any Body corporate located in the taxable territory shall be payable by the recipient of services under rever charge as per Noti. No.22/2019 dated 30.09.2019 w.e.f. 01.10.2019.

If supplier of service was charging 5% without ITC earlier, now w.e.f. 01.10.2019 the recipient of service (body corporate) is also required to pay 5% tax under reverse charge. As per section 17(5) input tax credit is not available on renting and hiring of motor vehicles.