sir, i had doubts about following points of gta under rcm based.
1) service recipent is unregistered, gta is registered, who pay tax ?
gta pay 5 percent?
2) my client has firm, rec'd goods by way of transportation, gta charge 12 percent. can i claim itc ?
3) in my gst portal 2a display, some transporter filled i.e supply attract reverse charge and cgst/ sgst mentioned, such case can i claim itc or pay such amount has rcm ?
pls explain sir
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Gta on rcm basis
Replies (2)
1) GTA is liable. (subject to some exemptions)
2)Yes. If transporter charges 12%, you can claim. If transporter charges 5%, you can't claim ITC.
3) They are just showing the amount that you have to pay. You should pay the amount and afterwards you can claim as ITC.
2)Yes. If transporter charges 12%, you can claim. If transporter charges 5%, you can't claim ITC.
3) They are just showing the amount that you have to pay. You should pay the amount and afterwards you can claim as ITC.
1. Exempted (As per Notification 32/2017 CT(r))
2. yes ITC can be claimed
3.No.. cannot claim ITC
2. yes ITC can be claimed
3.No.. cannot claim ITC
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