Credit on the Convenience Fee portion is not explicitly denied under the provisions of the GST Acts or the GST rules. Further, the service provided by Ola is covered under the SAC code 9997.
The services provided by Ola are that of a facilitator who provides an online platform to reach out to the Transport Service Providers (TSP). The contractual agreement clearly distinguishes the service provided by the TSP and Ola.
Therefore, given that Ola and the TSP are providing independent services, the restriction applicable on the services provided by the Transport Service Provider as per Section 17(5) of the CGST Act, 2017 should not apply to the GST charged on the Convenience Fee collected by Ola.