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Gst-gta service itc credit
Under GST regime, on GTA Service tax rate is 5% and no ITC allowed word mention. Please guide on GTA service recived by me and i will calculate tax under the rcm provision and will pay to the Govt. What will be happen, whether I will get the credit of this or not.
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as per many gst experts CA you can avail ITC on rcm paid and no need to pay if one day gta service paid below 5000 and 5% no ITC word mention in case any registered gta provider charge GST on his invoice then u can not avail credit of this tax and no need to pay rcm also.
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