GOODS TRANSPORT AGAENCY

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This discussion clarifies whether a single truck owner operating a transport business qualifies as a Goods Transport Agency (GTA), primarily based on issuing consignment notes. It also explains the tax implications for interstate goods transport, detailing when IGST or CGST/SGST applies depending on the recipient's location and registration status.

V Ishu Hegde

V Ishu Hegde (Querist)

13 March 2023 1. Whether a single truck owner carrying on the business of transport of goods comes under GTA?
2. When a transporter carries goods from instance from karnataka to maharashtra whether the tax is levied under igstor sgst and cgst?

CA Altamush Zafar

CA Altamush Zafar (Expert)

13 March 2023 Yes you can come under GTA if you are issuing a consignment note.
Payment of IGST or CGST/SGST will depend on the location of the recipient and whether he his registered or not

Guest

Guest (Expert)

14 March 2023 Please see this video to understand the type of tax ro be charged

https://youtu.be/z5TRy66KHpc

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