Renting of motor cab 5%no itc?

Goods and Services Tax – Started By: – satbir singh wahi – Dated:- 23-7-2017 Last Replied Date:- 24-7-2017 – SirPls guide what does no itc mean here. – Reply By vk agarwal – The Reply = it maens , thje motor cab owner will not be entitled to any input tax credit such as credit of GST paid on repair of car etc – Reply By satbir singh wahi – The Reply = SirIf cab operator uses services of other unregistered cab operator then pays under reverse charge @5%, whether itc will be available. – Reply By THYAGARAJAN KALYANASUNDARAM – The Reply = Dear sir,If the cab operator uses the services from other operators who is not registered under GST, the receiver has to pay RCM @ 5% on the value of services and no ITC eligible on any inputs. – Reply By Ra

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