Gta
This query is : Resolved
Priti Modi
(Querist)
08 August 2017
Is the exemption in Notification no. 8/2017 dated 28th June, 2017 applicable on GTA too?
The notification states that if purchase of supplies is from unregistered person by a registered person, the aggregate value of such supplies in a single day does not exceed Rs. 5,000 then no gst shall be paid on reverse charge. Whether this notification is valid for supplies from GTA too?
The notification states that if purchase of supplies is from unregistered person by a registered person, the aggregate value of such supplies in a single day does not exceed Rs. 5,000 then no gst shall be paid on reverse charge. Whether this notification is valid for supplies from GTA too?
CA R SEETHARAMAN
(Expert)
08 August 2017
This notification is not valid for GTA.
Priti Modi
(Querist)
08 August 2017
Is there any exemption in case of GTA like it was under Service Tax?
CA R SEETHARAMAN
(Expert)
08 August 2017
Yes old exemption of 750 and 1500 continue under GST
Priti Modi
(Querist)
08 August 2017
Thank you for solving the query.
Priti Modi
(Querist)
08 August 2017
Will the service receiver be able to take input tax credit on the same after paying it in cash?
Rakesh Mishra
(Expert)
08 August 2017
Yes, ITC on GST paid on RCM basis on purchase from unregistered dealer is available
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