Gta from gst

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whether gta can charge gst amount from receipent or not sir

if yes, 5 or 12 percent

pls sir explain
Replies (4)
Yes the Goods Transport Agency ( GTA ) can charge GST from the Recipient i.e. he should have opted to pay GST under Forward Charge.

The applicable Rate of GST which should be charged by the GTA is "12%".

The GTA has TWO OPTIONS :

(a). Pay GST @ 12% under Forward Charge Mechanism ( with the benefit of ITC ).

OR

(b). GST @ 5% under Reverse Charge Mechanism ( RCM under Section 9(3) of the CGST Act 2017 ) needs to be paid by Recipient.

Regards
Shivam RC.
Valuable information I understood sir
Great...👍👍👍
As per Notification 13/2017 CT Rate :
The Recepeint is liable pay GST on Reverse Charge @ 5% GST

As per Notification 22/2017 CT (R) : GTA has given option to pay GST on FC @ 12% , (no RCM is done by Recepeint)

in Short , either GTA Services will be under RCM the liability to pay GST is of Receptient or GTA can Excercise the option 12% FC .

Note : any of one option can be opted in beginning of FY & have to continue with till end of Fy.


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