GST Invoice for GTA
This query is : Resolved
Quick Summary
20 April 2022
Sir / Mam
We are a goods transport agency (GTA) registered under GST Act but not claimed any inputs and not charged any GST on freights from the commencement of business.
We have decided now to issue GST invoices on freights from 15-04-22.
How ever, We have issued the exempted invoices from 01-04-22 to 14-04-22.
Can we do it from 15-04-22?
Can the exempted invoices be revised ?
Plz advise us.
Thanks in adv
We are a goods transport agency (GTA) registered under GST Act but not claimed any inputs and not charged any GST on freights from the commencement of business.
We have decided now to issue GST invoices on freights from 15-04-22.
How ever, We have issued the exempted invoices from 01-04-22 to 14-04-22.
Can we do it from 15-04-22?
Can the exempted invoices be revised ?
Plz advise us.
Thanks in adv
20 April 2022
Do you want to charge 12% GST on such invoices from 15th April.
21 April 2022
Yes sir
Plz advise us what we do follow under gst
Plz advise us what we do follow under gst
21 April 2022
No need to issue GST invoice let them pay 5% GST under RCM.
21 April 2022
Presently, they are paying gst @5% under RCM sir. But We are not able to claim GST Input on any purchase of tyres, trucks, retread tyres and other spare parts. We have the of input loss @ 18% on purchase. So, We have planned to charge 12% GST on Hire and Claim inputs on Purchase.
It is right sir?
plz
It is right sir?
plz
21 April 2022
You can take the input on all the purchases made from 15th april 2022.
21 April 2022
Don't you think by charging 12% GST you will loose your customers.
21 April 2022
You have to switch over from beginning of the year not at the middle of the year.
29 April 2022
Yes sir,
few costumers are objecting for charging @12% on invoice, but as they can claim under RCM, We are discussing with them. And then, We will follow your suggestion, thanks a lot sir
few costumers are objecting for charging @12% on invoice, but as they can claim under RCM, We are discussing with them. And then, We will follow your suggestion, thanks a lot sir
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
- Purchase of property from NRI
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- GST APPLICABILITY TO DIAGNOSTIC
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- How to pay tds on mhada property
- ITC claim on vehicle parts and repairing
- Invoice wrongly made on another GSTIN
- GST APPLICABILITY ON DIAGNOSTIC UNIT
- Amount Received in Trust Account
- TDS on purchase of property through EOI
- Section 44AD 44AB
- ITR WITH 0 TURNOVER
- Value of Perquisite Sec.10 (10CC)
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
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
