Gta and other than gta
This query is : Resolved
12 June 2019
Hi!
Kindly clarify who is under GTA? and RCM rate for GTA?
If a individual transporter means what would the tax rate?
Please clarify the above
Thanks
Sathya
Kindly clarify who is under GTA? and RCM rate for GTA?
If a individual transporter means what would the tax rate?
Please clarify the above
Thanks
Sathya
Udaya Chandran
(Expert)
13 June 2019
GTA means any person who transports goods by road and issues consignment note. RCM is applicable only when the transporter charges less than GST @ 6%. GST rate for RCM is 5%.
Ref: Notification No. 13/2017- Central Tax (Rate) & Notification No. 22/2017- Central Tax (Rate)
Ref: Notification No. 13/2017- Central Tax (Rate) & Notification No. 22/2017- Central Tax (Rate)
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