GTA to GTA transactions apart from giving vehicles on hire
This query is : Resolved
19 January 2023
GTA receiving services from another GTA apart from giving vehilcles on hire:
Project :
1.Customer will approach GTA1 to deliver some goods from one place to another
2.GTA 1 will accept the project
Service by GTA2 to GTA 1 :
3.GTA1 will approach GTA2 and will ask them to deliver goods to desired destination
4.GTA2 will rise invoice on GTA1 based on RCM and will ask GTA1 to pay GST on RCM basis
5.GTA1 will pay GST on RCM basis
Service by GTA1 to customer :
6.GTA1 will raise invoice on RCM basis on customer
7.Customer will pay GST on RCM basis
Is what GTA 1doing is correct i.e
GTA 1 is liable to pay RCM ?(or) GTA 2 to GTA 1 transaction is exempt?
if exempt please provide specific notification
Project :
1.Customer will approach GTA1 to deliver some goods from one place to another
2.GTA 1 will accept the project
Service by GTA2 to GTA 1 :
3.GTA1 will approach GTA2 and will ask them to deliver goods to desired destination
4.GTA2 will rise invoice on GTA1 based on RCM and will ask GTA1 to pay GST on RCM basis
5.GTA1 will pay GST on RCM basis
Service by GTA1 to customer :
6.GTA1 will raise invoice on RCM basis on customer
7.Customer will pay GST on RCM basis
Is what GTA 1doing is correct i.e
GTA 1 is liable to pay RCM ?(or) GTA 2 to GTA 1 transaction is exempt?
if exempt please provide specific notification
CA R SEETHARAMAN
(Expert)
20 January 2023
GTA 2 to GTA 1 transaction is exempt.
Refer notification no.12/2017- Central Tax (Rate) dated 28.06.2017 (sr.no.22)) GST Rate is NIL for Services by way of giving on hire to a goods transport agency, a means of transportation of goods.
Refer notification no.12/2017- Central Tax (Rate) dated 28.06.2017 (sr.no.22)) GST Rate is NIL for Services by way of giving on hire to a goods transport agency, a means of transportation of goods.
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