Bus-operator Companies Providing Services Through ECOs Shall Pay Tax Under FCM | Notification

Notification No. 16/2023 dated October 19th, 2023

The CBIC has issued notification to provide that bus operators who are supplying services through E-Commerce Operators (ECOs) and who are organized as a company would not be covered under the scope of Section 9(5), and hence, such companies will be liable to pay tax on their supplies.

This would strike a balance, as, on one hand, the small operators would be saved from the compliance burden, on the other hand, the bus operator companies would be able to avail the benefit of ITC.

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