Amendment in Integrated GST Rates for Rental of Passenger Vehicles

The Central Government, upon Council recommendations, amends Notification No.10/2017- Integrated Tax (Rate) dated June 28, 2017. Serial number 17 pertaining to services of renting passenger motor vehicles, with fuel costs included, to a body corporate, undergoes revision.

The amendment specifies that any person, excluding a body corporate, supplying this service to a corporate entity without issuing an invoice charging integrated tax at 12%, is covered.

The recipient must be a body corporate situated in the taxable territory to qualify. The amendment aims to streamline taxation procedures and ensure clarity in the provision of rental services.

Issued by Ruchi Bisht, Under Secretary to the Government of India.

The change reflects ongoing efforts to refine the Integrated GST framework for improved efficiency.