Gst on gta

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33 Points Posted on 24 August 2019

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. 

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On 24 August 2019 at 21:21 Report
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"Do the Right Thing...!!!"
128162 Points Posted on 24 August 2019
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...
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On 24 August 2019 at 21:43
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Student
23693 Points Posted on 24 August 2019
Forward Charge : 12% GST.
Reverse Charge : 5% GST to be paid by the recipient and the recipient is eligible to claim ITC.
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On 24 August 2019 at 23:02
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Chartered Accountant
181 Points Posted on 25 August 2019
Recepient of service will pay GST and claims ITC
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On 25 August 2019 at 17:43

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