Gst registration incase of Transport income

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This discussion clarifies GST registration requirements for transporters, particularly for private limited companies with turnover exceeding 40 lakhs. If the transport income falls under the Reverse Charge Mechanism (RCM) for Goods Transport Agencies (GTA), GST registration is not mandatory. For other goods transport services, exemptions typically apply, meaning registration isn't required. However, voluntary registration is an option if you wish to claim Input Tax Credit (ITC) and charge GST on a forward charge basis.

DIVYESH JAIN

DIVYESH JAIN (Querist)

06 July 2021 Dear Sir,

Do I have to take GST registration if I am a Transporter incase of Private Limited company. The turnover of the company is more than 40 lacs.

Regards,
Divyesh Jain

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

06 July 2021 If you are a GTA GST payable under RCM GST registration not required.
If you are transporter of goods other than GTA such transport is exempt from GST, so GST registration not required.

CA Altamush Zafar

CA Altamush Zafar (Expert)

06 July 2021 As such GST registration is not mandatory if you are under RCM. But you can take registration if you want to claim ITC and charge gst on forward charge.

DIVYESH JAIN

DIVYESH JAIN (Querist)

06 July 2021 Ok, Thanks for the reply

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