RCM ON RENTING OF MOTOR VEHICLE
I have query that as per notification 22/2019 RCM is applicable only when
- non corporate service provider provided services to corporate service recipient
- and service provider paying tax @ 5% and availing input credit in the same line of business.
- my another question is if any unregistered person provided services to corporate service recipient then RCM is applicable? and corporate service receiver required to pay tax @ 5% (2.5% + 2.5%) under RCM please reply to my question