GTA Query
This query is : Resolved
12 August 2017
we are an GsT Registered company located at Karnataka and ordered few materials from Tamil nadu, supplier is also registered. He hired a lorry from a GTA , transporter is also registered and located in Tamil nadu.
now transporter has charged igst 5% on his transport bill.
query
can he charge and collect IGST ?
can we paid and avail credit ?
if GTA is under RCM, which should transporter charge GST.
please guide.
12 August 2017
As transporter is registered
He can charge igst @5% under charge
U Can claim such igst paid as ITC
If GTA is unregistered and you are a registered company, then u have to pay gst under RCM @5%
He can charge igst @5% under charge
U Can claim such igst paid as ITC
If GTA is unregistered and you are a registered company, then u have to pay gst under RCM @5%
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
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
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
