Gst for goods transport agency
This query is : Resolved
17 April 2019
Please answer to my query.
Thanks in advance .
One service provider is providing transportation services to registered company.
In normal cases he is loable to pay GST.
But the company his paying GST.
Is this treatment is correct and
so how to show the total freight received in GSTR 3B i.e as excempted services or to show in Nil rated.
And in GSTR 1 as in B2B under zero rate or as nil rate or excempted rate.
Please answer this.
Thanks in advance .
One service provider is providing transportation services to registered company.
In normal cases he is loable to pay GST.
But the company his paying GST.
Is this treatment is correct and
so how to show the total freight received in GSTR 3B i.e as excempted services or to show in Nil rated.
And in GSTR 1 as in B2B under zero rate or as nil rate or excempted rate.
Please answer this.
17 April 2019
In case GTA is charging GST @ 5% , it is o.k if company pays GST directly to Authorities under RCM
In that case , GTA need not to mention anything in GSTR 3B
In GSTR 1 , he need to enter amount in Table 4B
However , if he is charging GST @ 12% under FCM , then as a normal supply , he need to enter details in his GSTR 3B & GSTR 1 ( Company should not pay GST claimed by GTA on FCM basis
In that case , GTA need not to mention anything in GSTR 3B
In GSTR 1 , he need to enter amount in Table 4B
However , if he is charging GST @ 12% under FCM , then as a normal supply , he need to enter details in his GSTR 3B & GSTR 1 ( Company should not pay GST claimed by GTA on FCM basis
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Plot of land. Cost of Acquisition
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Loan by Partnership Firm
- TDS related Query_Liquidated Damages
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
