Employee Private
1913 Points
Joined July 2017
To clear my doubt, discussing here,
Services which has been prescribed in Notification No.13/2017-Central Tax Rate are as per Section 9(3) of GST act, on which GST has to be paid compulsorily under RCM by the Recipient.
And as per Sl. No.1, of above said notification every registered dealer has to be paid GST under RCM if GTA not submitted Tax Invoice with GST @ 12%.
And as per Sl. No.9(iii) of Notification No.11/2017- Central Tax Rate, GTA who is not availing input Credit can submit Invoice with 5% and who is availing ITC can submit invoice with 12%.
As per above GTA can issue Invoice with GST either 5% or 12% as per his Input Credit. In the scenario how come GTA will liable to pay balance 7% GST.