i want to know what will be the impact of gst on transport service provider, if we hire a transporter at which rate we have to pay gst? is there any exemption limit? is itc allowed on gst paid?
24 May 2017
Reverse charge prov applicable . also normal provision applicable when reverse charge condition is not satisfied... tax rate is 5 % with no ITC
24 May 2017
ok thank u so much sir, one more thing is there any exemption limit ( like if freight is below 750 the no gst have to pay ) or we have to pay gst @5% on every amount paid as freight.
CAclubindia
