GST on GTA under forward charges
Vindhyachal Singh (14 Points)
18 December 2021
Can a GTA pay gst @ 5% under forward charge without availing input tax credit
1 Replies
CA Aakarsh Jain
(CA)
(10431 Points)
Replied 18 December 2021
If the GTA opts to pay tax @ 12% under forward charge, such GTA shall be liable to pay tax. The recipient of GTA services shall be eligible to take ITC of GST paid whether 5% or 12% by him.
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