4 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 14 May 2018
what type of freight. Air, rail or road ???
Pankaj Rawat
(GST Practitioner)
(55062 Points)
Replied 14 May 2018
A Goods Transport Agent has following Three Options or we may say three situations :
1. Providing Services to Specified Category Recipient – Applicability of Reverse Charge as per Notification No. 13/2017- Central Tax (Rate) Dt : 28.06.2017
2. Services to other than Specified Category Recipient – Forward Charge @ 5% without ITC – Rate of GST as per Notification No. 11/2017-Central Tax (Rate) Dt : 28th June, 2017
3. Forward Charging with ITC Availment – Forward Charge @ 12% availing ITC – Notification No. 20/2017 – Central Tax (Rate) dated 22ndAugust, 2017ever name called.
Transportation Services by GTA to URD is exempted vide Exemption No 21 A, noti.32
Transportation services provided by road other the GTA is exempted as per notification 12/2017 CT(r)
1. Providing Services to Specified Category Recipient – Applicability of Reverse Charge as per Notification No. 13/2017- Central Tax (Rate) Dt : 28.06.2017
2. Services to other than Specified Category Recipient – Forward Charge @ 5% without ITC – Rate of GST as per Notification No. 11/2017-Central Tax (Rate) Dt : 28th June, 2017
3. Forward Charging with ITC Availment – Forward Charge @ 12% availing ITC – Notification No. 20/2017 – Central Tax (Rate) dated 22ndAugust, 2017ever name called.
Transportation Services by GTA to URD is exempted vide Exemption No 21 A, noti.32
Transportation services provided by road other the GTA is exempted as per notification 12/2017 CT(r)
apoorv madhwar
(59 Points)
Replied 15 May 2018
Thank you Sir for guide us..but If Company paid RCM 5% so I am taken ITC claim.
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