RCM TO RCM
This query is : Resolved
Quick Summary
seenu gupta
(Querist)
13 February 2020
Sir,
I am a GTA providing services to a company. For providing such services I am availing services from another GTA.
For the services provided to the company, they are paying us GST on Forward charge basis @ 12%.
Am I liable to pay GST on services received from GTA under RCM? At what rate?
I am a GTA providing services to a company. For providing such services I am availing services from another GTA.
For the services provided to the company, they are paying us GST on Forward charge basis @ 12%.
Am I liable to pay GST on services received from GTA under RCM? At what rate?
CA Anita Bhadra
(Expert)
13 February 2020
The CGST Act gives a tax payment exemption to services received by GTA. No GST is payable on transactions where the GTA has hired a means of transportation of goods.
CA Anita Bhadra
(Expert)
13 February 2020
exempt in terms of notification no.12/2017-Central Tax (Rate) dated 28.06.2017 (sr.no.22)
Amol S Joglekar
(Expert)
13 February 2020
please refer notification no. 12/2017 dated 28/06/2017
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