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Gst on gta

Others 251 views 3 replies

GTA has two options - pay GST @ 12% with ITC, or pay tax @ 5% without ITC.

In case of 5%, will GTA pay tax @ 5% by collecting (charging) it from receipient or pay on its own. 

Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=505545

Replies (3)
In case of 5%, will GTA pay tax @ 5% by collecting (charging) it from receipient or pay on its own....

- No collection and No paying. GST payable by recipient of the Service...
Forward Charge : 12% GST.
Reverse Charge : 5% GST to be paid by the recipient and the recipient is eligible to claim ITC.
Recepient of service will pay GST and claims ITC


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