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GST regarding transportation
my client is having an oil trading business recently he purchased 2 oil tankers as well, now my question is should I add sac codes of transportation and if yes then is GST @ 18% applicable or its exempted? 🤔🤔🤔🤔🤔
Replies (5)
Quick Summary
Transportation GST @ 5% on reverse charge basis
NOT NECESSARILY
@ Mr Ahmed,
Yes, GST applicable as per Your Main supply. If Your main goods 18% tax then Your transporting charges also 18% Tax.
Yes, GST applicable as per Your Main supply. If Your main goods 18% tax then Your transporting charges also 18% Tax.
The said notification applicable to Transportation business..
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