Hi,
one of my client is a private limited company having a business of transport and logistics. client has yet not Registered under GST.
My query is
1. if client provides service to URD is there any GST liability arising? and if such service to URD exceeds 20lakh client will be liable for registration, right?
2.If client is registered under GST and provides service to URD, then client has to pay GST under FCM, Right? at what Rate 5 or 12 percent?
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GST on GTA
Replies (6)
GTA no need to register under GST if he is exclusively transporting goods where the total tax is required to be paid by the recipient under reverse charge basis (even if the turnover exceeds 20 lakhs). [Notification No. 5/2017- Central Tax dated 19/06/2017] and needs to charge gst if rcm not apply for opposite parties
Refer the link for detailed analysis for all your queries
| https://www.taxflora.com/blog/gst-on-gta-goods-transport-agency |
1. As per Noti. 5/2017 CT :GTA are not required to registered if they are providing services to specified Receipent mention in notification 13/2017 CT (r), Hence if provided to URD , has to take registration.
As per section 24 CGST Act , If any person availing Services which is Under RCM is liable ro Registered in GST irrespective of Turnover.
2. Yes correct
As per section 24 CGST Act , If any person availing Services which is Under RCM is liable ro Registered in GST irrespective of Turnover.
2. Yes correct
for question 2, please share at what rate gst to be paid? can a client opt for 5% or he has to compulsorily go with 12% with ITC
@ Mr Amish Maknojia.,
As per Your 1st Query...
1. No need to Register under GST.
2. No need to Pay tax under RCM basis if supply made to URD. It's exempted.
As per Your 1st Query...
1. No need to Register under GST.
2. No need to Pay tax under RCM basis if supply made to URD. It's exempted.
@ RAJA SIR
THANKS FOR YOUR RESPONSE
My question 2 is about FCM not RCM
and also in question 1 : if service recepient is Urd then too we aren't liable for GST registration if such turnover exceeds 20 lakh??
THANKS FOR YOUR RESPONSE
My question 2 is about FCM not RCM
and also in question 1 : if service recepient is Urd then too we aren't liable for GST registration if such turnover exceeds 20 lakh??
Dear @ Amish
As per Notification 32 CT (r)
Under S.no.21A
Transportation Services by GTA to URD is exempted .
Hence if GTA providing Services to URD is exempted
As per Notification 32 CT (r)
Under S.no.21A
Transportation Services by GTA to URD is exempted .
Hence if GTA providing Services to URD is exempted
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