Transport & Logistics

I own a single truck and I rent it to a major player, who provides GTA service; should I take a registration? Does my monthly rental/lease income attract GST?

No, as a single truck owner hiring the truck out to a player providing GTA service, you are not required to register yourself under GST. This is because no GST is applicable on services provided by extending on hire a means of transportation of goods to a GTA.

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