Hi folks. If a GTA obtains registration under GST law, is he required to discharge his GST liability @ 5% or will he still be covered under RCM.
And how this will be treated in GST returns.
Menu
GST Registration for GTA
Replies (2)
Quick Summary
In case if gta takes registration then it can be opted to pay gst @ 12% and allowed to take itc.
otherwise if you opting for rcm @ 5% then you are not allowed to take itc
otherwise if you opting for rcm @ 5% then you are not allowed to take itc
Thankyou for your reply. i am aware of this. But if the GTA obtains GST registration and opts for 5%, whether he will still be under RCM or in forward charge. Please give references of the sections and notifications. If under RCM, in which table of GSTR 3B and GSTR-1, the supplies of GTA will be shown.
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
