I registered under GST I have received following income I have owners of 5 trucks and attached with GTA service provider i have received freight from GTA what is liability against gst and bill issuing format regular or rcm
Such income is exempt vide Entry No. 22 of Notification Number 12/2017-Central Tax (Rate), dated 28th June, 2017.
"Services by way of giving on hire – (a) to a state transport undertaking, a motor vehicle meant to carry more than twelve passengers; or (b) to a goods transport agency, a means of transportation of goods."
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