Gta input claim

ITC / Input 270 views 7 replies
How can a transporter take ITC, which is the input GST amount for a transporter.
Replies (7)

ITC not allowed to a GTA.

Sir,

Is GSTIN is mandatory for transporter?

and at the time of purchase of new trucks and others GST paid goods or service the tax amount is cost of transporter?? plese tell me.

Dear Ankit, GTA is not allowed to take any credit. Hence, all taxes paid by GTA will become cost to GTA.

 

Dear Sukesh Sir,

If we are corporate entity engage in the business of freight & forwarding and we received Service from GTA.  Now if we pay GSTon RCM Basis, so can we claim ITC.

Second,

 

We have not paid Service Tax on Ocean Freight on RCM basis because we still did'nt pay to our agent.  So, what to do now.  Shall is pay GST on RCM basis if I pay to Agent  after applicability of GST

But the query is whether GTA will get credit or not? Query is from Transporter point of view and not from receiver (Company) point of view.

Sukesh Sir,

 

Actualy I'am asking from service receiver pont of view. Please explain.


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