GST Invoice for GTA
This query is : Resolved
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- 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
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
